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2 years ago

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ExplainSpeaking: How is India's exchange rate related to its current account deficit, forex reserves, and balance of payment?

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ExplainSpeaking: How is India's exchange rate related to its current account deficit, forex reserves, and balance of payment?

Essentially, the BoP allows us to figure out the rupee's exchange rate vis-a-vis the different currencies. What is BoP, how does it balance and what does RBI do with it? We explain.

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ExplainSpeaking: How is India's exchange rate related to its current account deficit, forex reserves, and balance of payment?

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ExplainSpeaking: How is India's exchange rate related to its current account deficit, forex reserves, and balance of payment?

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