Indian foreign reserves fall by $5.14 billion in a week

[delta2]

This 5 billion, which we spent on a week, the same amount can make or break Pakistan’s tirade about going to IMF. People are forgetting their ‘Aukaat’ here.

What really is your aukaat? You got the largest number of susub Saharan poor. The largest aids epidemic. Rapes so severe brothers are literally ganag raping their sisters for years and even babies and toddlers are not even safe!!

Pakistan's only issue is corruption and mismanagement. The only real problem Pakistan has is of theft. The problem to all of Pakistan's problem is cutting the hands of the biggest thieves. Your problems however begin with brothers raping their sisters. Even 90 thousand trillion trillion in foreign exchange reserves wouldn't really mean anything if toddlers aren't safe from rape.

 

[Crystal-Clear]

This 5 billion, which we spent on a week, the same amount can make or break Pakistan’s tirade about going to IMF. People are forgetting their ‘Aukaat’ here.

its funny when a c**k worshipper talking about aukaat .
.
.
let me open my zip .

 

[Laozi]

Foreign investors are switching back to U.S. Dollars as U.S. fed is likely to raise interest rates.

This trend will continue for some more time until Indian markets either go down further to become lucrative again or Indian GDP shoots up dramatically to force foreign investors to come running back to India

 

[Quibbler]

Nope. Bangladesh, Malaysia and Thailand are quite alright actually. No depreciation or even appreciation in the case of Baht against dollar.

Bangladesh has been surprisingly resilient. However its currency has not appreciated amongst the basket of currencies. Lets see it affects export competitiveness.

 

[pothead]

Well, we Indians are paying less for almost every thing that we use day to day when compared to 2013, so we are happy.

EMI saying per month for me compared to 2013 is about 5K.
Pulses are lower than 2010 prices, forget 2013.
All vegetable prices are much lower than 2013.

Inflation is lowest in 15 years.

Some bozos may not like Modi's economics but rest of Indians absolutely love the magic weaved by BJP in economic space.

 

[BHarwana]

difference is governance, when our reserves were falling in 2016, instead of doing corrective measures we did nothing and ended up with little reserves while india did all corrective measures including allowing devaluation of 20% in last year

atleast our current finance minister is right on all accords..but can we keep him for next 10 years is the question, even among PTI there will be a strong resistance to keep the right guy on the job as all govts just think about 5 years and they dont care if we default at the end of tenure

The problem with Indian reserves are that they are falling faster than any country in the world and they are all made up of loans and any one investing in India will be bailing out those lenders and will him self take losses due to depreciation of Indian Rupee.

 

[ziaulislam]

The problem with Indian reserves are that they are falling faster than any country in the world and they are all made up of loans and any one investing in India will be bailing out those lenders and will him self take losses due to depreciation of Indian Rupee.

As long as india doesnt do Pakistani level manipulation. Things will adjust it self

 

[kaykay]

The problem with Indian reserves are that they are falling faster than any country in the world and they are all made up of loans and any one investing in India will be bailing out those lenders and will him self take losses due to depreciation of Indian Rupee.

You are kidding right? While India lost around 1.5% of Its reserve last week, Pakistan lost 2.5%+ for same time. TBH, most countries including top economies are losing forex right now( China lost 25+ billion last month) due to certain issue which concerns US dollars( mainly intereste rates in USA). It will continue this way for somtime now. Countries with low reserves will face severe pressure on different levels.

 

[Zee-shaun]

This 5 billion, which we spent on a week, the same amount can make or break Pakistan’s tirade about going to IMF. People are forgetting their ‘Aukaat’ here.

And you have seen your auqaat in 1991. Never forget that.
Goodluck paying back maturing dept of $222 by March next yeae.