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India's Forex Reserves have plunged from about $645 Billion to $572 Billion in less than a year. I suspect this is only the beginning. About 44% of our external corporate debt has not been hedged.


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Posted

Isn't it expected?

With high fuel prices and a strong dollar, isn't it obvious? 

 

Posted

India's forex reserves from year 2000 to till date.

 

india-foreign-exchange-reserves.png?s=in

Posted
Just now, Android_Halwa said:

India's forex reserves

india-foreign-exchange-reserves.png?s=in

Megtha countries ve June 2021 vesi india dhi may 2022 nundi vesav…  growth in India forex reserves is due to external govt and corporate debt and foreign investors  … now they started pulling out 

India external debt is directly proportional to forex reserves … when your external debt grows your reserves grows 

Posted
8 minutes ago, Android_Halwa said:

China's forex reserves

china-foreign-exchange-reserves.png?s=ch

You are comparing a trade surplus Chinese reserves with huge trade deficit  Indian reserves.

Posted
Just now, JackSeal said:

You are comparing a trade surplus Chinese reserves with huge trade deficit  Indian reserves.

Did you consider China and Japan's economy size ?

Posted
3 minutes ago, Android_Halwa said:

Did you consider China and Japan's economy size ?

Tell me how a trade deficit country india polled large amount of forex ? 

Posted

Only the dumbest people who have absolutely no knowledge about economics think india is any danger of defaulting. 

Here are the countries with highest chance of defaulting soon

sovereign-debt-risk-ranking-1.png

Posted
3 minutes ago, Ryzen_renoir said:

Only the dumbest people who have absolutely no knowledge about economics think india is any danger of defaulting. 

Here are the countries with highest chance of defaulting soon

sovereign-debt-risk-ranking-1.png

Who said india is going to defaulted ?  

Posted
Just now, JackSeal said:

Who said india is going to defaulted ?  

India situation is nothing out of the ordinary among stable countries right now. 

This is petro dollar in peak effect , all resource exporters are gaining huge while importers are getting hammered

 corporate dollar debt is a pain in the ass for the investors just look at evergrande dollar bond investors , they aren't getting anything since the firm defaulted  

Posted
10 minutes ago, Ryzen_renoir said:

India situation is nothing out of the ordinary among stable countries right now. 

This is petro dollar in peak effect , all resource exporters are gaining huge while importers are getting hammered

 corporate dollar debt is a pain in the ass for the investors just look at evergrande dollar bond investors , they aren't getting anything since the firm defaulted  

Isn’t this one of reason for growth in forex reserves in a trade deficit country ? reserves perguthe govt did a great job, thaguthe petro-dollar effect.
A5966-D7-A-CAEF-4521-BCF4-AFD690-F75025.

Posted
26 minutes ago, JackSeal said:

Isn’t this one of reason for growth in forex reserves in a trade deficit country ? reserves perguthe govt did a great job, thaguthe petro-dollar effect.
A5966-D7-A-CAEF-4521-BCF4-AFD690-F75025.

What is the govt's portion of that debt ? That's all that matters 

Corporate debt risk is for the investors not the host country , that's why I reminded you evergrande situation. Look at what happened to evergrande dollar bond holders 

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