982others
@982others.com
Can anyone from #EconSky explain why Indian foreign exchange reserves (dollar denominated) have moved so closely with the inverted dollar index? Does this suggest most of their foreign reserves are not actually dollar denominated?
May 3, 2025 at 9:28 AM
Can anyone from #EconSky explain why Indian foreign exchange reserves (dollar denominated) have moved so closely with the inverted dollar index? Does this suggest most of their foreign reserves are not actually dollar denominated?
at least in recent years -- 2024 was 384 (from -21 in Mar.) and 2023 was 368 (from -29 in Mar.)
www.richmondfed.org/research/nat...
www.richmondfed.org/research/nat...
May 3, 2025 at 9:21 AM
at least in recent years -- 2024 was 384 (from -21 in Mar.) and 2023 was 368 (from -29 in Mar.)
www.richmondfed.org/research/nat...
www.richmondfed.org/research/nat...