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India sold $4bn single day to save rupee


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Posted
31 minutes ago, psycontr said:

 

Cleaning up mess Congress did for 70 years

  • Haha 2
Posted
32 minutes ago, psycontr said:

 

India should ditch dollar and peg rupee to gold like Russia did. But that means assassination of Modi or anyone else who dare to do that just like Saddam, and Gadafi 

  • Upvote 1
Posted
1 minute ago, naughty15 said:

How long they going to refer congress .  Bjp ruling More than 10 years now

Emo bro db lo bhakts ade chebutunnaru 2014 nunchi.

Posted
4 minutes ago, MACH said:

Cleaning up mess Congress did for 70 years

Asalu aa $$ reserve penchisni ee congress govt 

Posted
7 minutes ago, naughty15 said:

How long they going to refer congress .  Bjp ruling More than 10 years now

 

4 minutes ago, kevinUsa said:

Asalu aa $$ reserve penchisni ee congress govt 

Choosava. Asalu congress dollar reserve penchakapote amme chance undede kadu kada!

Posted

@psycontr source ?

endukante December lo 624 ki padu they increased it by end of Jan to 630.

As of Feb 7th it is at 630 still.

mari a tarvata amminara ?

FYI India is increasing Gold reserves , since covid time we increawd reserves from 6-11% 

and getting back the gold hich was sent away to swiss during 1991 economic collapse

before BJP came into power the forex reseves were 300b -2014 lo

  • Upvote 1
Posted
3 hours ago, MACH said:

Cleaning up mess Congress did for 70 years

Lol, Modi is danger bells to Indian economy it will be proved once he step down. Wait and watch

Posted
3 hours ago, Spartan said:

@psycontr source ?

endukante December lo 624 ki padu they increased it by end of Jan to 630.

As of Feb 7th it is at 630 still.

mari a tarvata amminara ?

FYI India is increasing Gold reserves , since covid time we increawd reserves from 6-11% 

and getting back the gold hich was sent away to swiss during 1991 economic collapse

before BJP came into power the forex reseves were 300b -2014 lo

https://www.reuters.com/business/finance/indian-central-bank-infuse-record-overnight-funds-post-heavy-fx-intervention-2025-02-12/#:~:text=The RBI sold between %244,uncertainty around U.S. trade tariffs.

  • Upvote 1
Posted
13 minutes ago, citizenofIND said:

Lol, Modi is danger bells to Indian economy it will be proved once he step down. Wait and watch

anna once he believes that economy is slipping and he cannot do any magic he will stepdown and be elected as president u wait and watch 

then shah will become PM 

U will see show going in the economy going ahead 

Posted
4 hours ago, naughty15 said:

How long they going to refer congress .  Bjp ruling More than 10 years now

Inko 50 years nehru ni blame chesthe nekemanna problem aa ? Problem ayethey you are anti Indian. 

  • Upvote 1
Posted
3 hours ago, Spartan said:

@psycontr source ?

endukante December lo 624 ki padu they increased it by end of Jan to 630.

As of Feb 7th it is at 630 still.

mari a tarvata amminara ?

FYI India is increasing Gold reserves , since covid time we increawd reserves from 6-11% 

and getting back the gold hich was sent away to swiss during 1991 economic collapse

before BJP came into power the forex reseves were 300b -2014 lo

https://economictimes.indiatimes.com/markets/forex/rbi-sold-at-least-4-billion-to-prop-up-rupee-traders-say/articleshow/118135670.cms?from=mdr

  • Upvote 1
Posted
3 hours ago, Spartan said:

@psycontr source ?

endukante December lo 624 ki padu they increased it by end of Jan to 630.

As of Feb 7th it is at 630 still.

mari a tarvata amminara ?

FYI India is increasing Gold reserves , since covid time we increawd reserves from 6-11% 

and getting back the gold hich was sent away to swiss during 1991 economic collapse

before BJP came into power the forex reseves were 300b -2014 lo

It is true they sold it a couple of days ago to save Rupee..5gavml.gif

Posted
7 minutes ago, Anta Assamey said:

 

6 minutes ago, Anta Assamey said:

It is true they sold it a couple of days ago to save Rupee..5gavml.gif

 

35 minutes ago, psycontr said:

 

so intervention might be the right move......to arrest the value fall...

but regime doing it behind the back is not correct from the twitter poster.....

ala chesi unte... 2014 lo inherit chesina 288B$ forex reserves shud become 0...

they brought it up to 630B ki maintain chestunnaru....ups and downs market is bad we all know...

@psycontr 

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