Indian Foreign reserves fall by $1 billion to $399 billion in one week.

[xyxmt]

I told Modi not to make 20 million toilet no one will use it and it will put India's economy in decline, I am never wrong

 

[LASER1]

Lol! @BHarwana just 1 billion is the big decline in 2 weeks? I thought you were looking for at least $10B.

 

[BHarwana]

Lol! @BHarwana just 1 billion is the big decline in 2 weeks? I thought you were looking for at least $10B.

$1 billion on Sep 7th not current my friend current is higher. RBI only intervened 2 day to stop rupee which is in a free fall again going down just today went from 71.90 to 72.12. This is very sad for Indian economy
Yesterday you said some thing do you feel the pain of your words now? Lol

 

[BHarwana]

https://twitter.com/x/status/1040593942386040832

 

[LASER1]

$1 billion on Sep 7th not current my friend current is higher. RBI only intervened 2 day to stop rupee which is in a free fall again going down just today went from 71.90 to 72.12. This is very sad for Indian economy
Yesterday you said some thing do you feel the pain of your words now? Lol

If forex losses even 100 billion, it will still cover our import bills for months. I said the same thing because I'm not at all concerned about the fastest growing economy in the world since we are consistently sustaining a consumption-based growth. You can whine about it when any of the rating agency downgrades Indian sovereign rating. Now it's your time to google for rating slump. The currency devaluing is temporary, Rupee will soon re-bound once there's more confidence in the forex market on Rupee.

 

[BHarwana]

If forex losses even 100 billion, it will still cover our import bills for months. I said the same thing because I'm not at all concerned about the fastest growing economy in the world since we are consistently sustaining a consumption-based growth. You can whine about it when any of the rating agency downgrades Indian sovereign rating. Now it's your time to google for rating slump. The currency devaluing is temporary, Rupee will soon re-bound once there's more confidence in the forex market on Rupee.

Nope it will not there is debt of $541 billion on India which you have to pay back that is not a gift it is a loan. $231 billion is due in March 2019. So nothing is good for you bro. Modi did a media campaign with borrowed money to gain few good points but actually he destroyed your economy. It is rainy season ahead.

It is very bad and very sad

https://twitter.com/x/status/1038330955805732864

 

[LASER1]

Nope it will not there is debt of $541 billion on India which you have to pay back that is not a gift it is a loan.

Look kid, first learn a thing or two about how debts are accumulated. How much is short term, and long term and in that how much is government debts, corporate debts, NRI loans etc... Then you can start talking about it. I guess I have explained this to you many times, but since reading and understanding, you simply evade from replying any further. Which is predictable.

It is very bad and very sad

Yeah, very bad for Pakistan because we will be 5th largest economy in a year or two. Currency slump is temporary. Growth is permanent for another decade.

 

[ARMalik]

Nope it will not there is debt of $541 billion on India which you have to pay back that is not a gift it is a loan. $231 billion is due in March 2019. So nothing is good for you bro. Modi did a media campaign with borrowed money to gain few good points but actually he destroyed your economy. It is rainy season ahead.

It is very bad and very sad

https://twitter.com/x/status/1038330955805732864

Hey mate, I don't have too much info on India's loans. Who did India borrow $541 Billion from, Was it World Bank or IMF? And this $231 Billion repayment on the borrowed loans, how come such a big repayment is due in March?

 

[Novice09]

@LASER @BHarwana

Example of a failed economy:


We have no money to run Pakistan, God has created a crisis to change us: Imran Khan
http://zeenews.india.com/world/we-h...isis-to-change-us-imran-khan-2141242.html/amp

 

[Novice09]

Hey mate, I don't have too much info on India's loans. Who did India borrow $541 Billion from, Was it World Bank or IMF? And this $231 Billion repayment on the borrowed loans, how come such a big repayment is due in March?

Honestly, your question should be do India have enough money to payoff these debts which are due by March 2019... Answer is YES...

Just for better understanding...

There was a trader who was looking for funds to expand his business and to renovate his shop so that more and more customers are attracted to buy from him... He took 3 loans to do that... NOW, his business is running successfully and he is paying EMIs which are equal to 90% of his earnings... since, he don't have to pay the entire loan in one go... there is no issue even if his own assets are lesser than his liabilities... there is no problem until his income from various sources exceeds his expenditure on various items...

He is not trying to understand that point... there are some heavy investments in India in various sectors... manufacturing and housing are two major sectors in my knowledge...

 

[RaGotimaar]

Just 1 billion $ was lost? Itne ki toh Jalebi kha jaate hain India ke log

 

[Zee-shaun]

Just 1 billion $ was lost? Itne ki toh Jalebi kha jaate hain India ke log

April 2018 se abtak $25 billion ki jaleebi kha chuke ho bhai. Zara khayal karo, sugar na ho jaye.

 

[rott]

A 2 day intervention costed India $840 million lol. Which is $420 million per day to stabilize the rupee. This is a sad situation. Very sad and bad for Indian economy.

Wow... That's a lot of money.

 

[BHarwana]

Hey mate, I don't have too much info on India's loans. Who did India borrow $541 Billion from, Was it World Bank or IMF? And this $231 Billion repayment on the borrowed loans, how come such a big repayment is due in March?

India has borrowed from many institutes. The due payment is short term loans.

 

[BHarwana]

https://twitter.com/x/status/1041227876446687233