India's $700 billion reserves can deter speculation, targeted FX tools necessary: Report #Indias #FX #Report #socialnewsxyz

India's $700 billion reserves can deter speculation, targeted FX tools necessary: Report - Social News XYZ
New Delhi, March 31 (SocialNews.XYZ) India’s foreign‑exchange reserves of over $700 billion are large enough to deter speculative moves and allow the Reserve Bank of India to intervene to stabilise the rupee, a report said... - Social News XYZ
