Indian Forex reserves hit record high of $426.42 billion

[Tejas Spokesman]

https://twitter.com/x/status/1144572186612514816

 

[Tejas Spokesman]

@Cobra Arbok

 

[aman_rai]

Tag that farmer

 

[Han Patriot]

check the debt as well. =)

 

[maithil]

A country as big, should aim for a trillion dollar reserve. Which should happen in next five years when GDP touches 5 trillions. Godspeed to Indian economy.

 

[Chhatrapati]

check the debt as well. =)

Government don't pay corporate debt.

 

[Protest_again]

check the debt as well. =)

India's sovereign guaranteed debt is only about $100 billion. So, we are sitting pretty but thank you for your concern.

 

[Han Patriot]

India's sovereign guaranteed debt is only about $100 billion. So, we are sitting pretty but thank you for your concern.

And you think the reserve is owned by the government?. It just means how much forex is in the country at a given time. That's the reason you need to calculate the total debt and total reserves, because you need to use that forex to pay the debt in the future. Understand genius?

 

[Protest_again]

And you think the reserve is owned by the government?. It just means how much forex is in the country at a given time. That's the reason you need to calculate the total debt and total reserves, because you need to use that forex to pay the debt in the future. Understand genius?

I was talking about debt not it's it's relationship with forex. I can go much into much details about forex but I see you are idiot and so no point.

 

[Han Patriot]

I was talking about debt not it's it's relationship with forex. I can go much into much details about forex but I see you are idiot and so no point.

Do you know part of your forex can be debt genius. When you take foreign debt, the foreign capital flows into your country as foreign reserves. So whenever you look at the health of a countries forex, you need to check the foreign debt. After you deduct that, you get net forex, that's the real forex reserves you have. India has got NEGATIVE forex reserves. GET IT GENIUS!

Gosh, so many Indians here going supapowan again.....India is a dump, understand, you can't even manage your water. I look at the current crisis whereby people are drinking sewage water to survive and here you oblivious to the pain is jumping and cheering. WAKE UP!

 

[Zapper]

Tag that farmer

Do you mean tomato farmer @BHarwana
But their reserves dropped by 4.3% recently
https://tribune.com.pk/story/2001577/2-foreign-exchange-sbp-reserves-drop-4-24-stand-7-3b/

 

[Protest_again]

Do you know part of your forex can be debt genius. When you take foreign debt, the foreign capital flows into your country as foreign reserves. So whenever you look at the health of a countries forex, you need to check the foreign debt. After you deduct that, you get net forex, that's the real forex reserves you have. India has got NEGATIVE forex reserves. GET IT GENIUS!

Gosh, so many Indians here going supapowan again.....India is a dump, understand, you can't even manage your water. I look at the current crisis whereby people are drinking sewage water to survive and here you oblivious to the pain is jumping and cheering. WAKE UP!

I know that. India may be dump but atleast they are no graves below it. But of course we are no China, where everything is hidden from global glare. Who knows what actually happens in China. What miseries are being hidden behind those glossy buildings. And wake up, you are global power now but here you are picking on your poor neighbour like a paid bot that you are.

 

[Pandora]

India external debt 2017(billions) : $471.3 , 2018: 529.7,

Now you know how you Forex reserves are increasing.

View media item 18000

 

[Protest_again]

India external debt 2017(billions) : $471.3 , 2018: 529.7,

Now you know how you Forex reserves are increasing.

View media item 18000

But you can also see that our forex reserves to external debt ratio is also increasing. It is at 80% in 2018 from 78% in 2017.

Since you felt necessary to point something about India, let me do the same about Pakistan. Pakistan reserves to external debt is not even 10%. There, it is something for you to worry about not us.

 

[Han Patriot]

I know that. India may be dump but atleast they are no graves below it. But of course we are no China, where everything is hidden from global glare. Who knows what actually happens in China. What miseries are being hidden behind those glossy buildings. And wake up, you are global power now but here you are picking on your poor neighbour like a paid bot that you are.

Hidden? We are scrutinize more than India by our very own independent, free and 'impartial' media a.k.a WESTERN MEDIA. Any small lil thing will be amplified and broadcasted to the whole world, we went through decades of China bashing. Guess what? It made us who we are today, because we needed to prove to the world. India? Everyday people die of pollution and water scarcity, the west just don't give a damn, why? India is a democracy, once a democracy, they leave you to rot. =)