What's new

India's Forex Reserves scale record high of $434.6 billion

There are lakhs of toilets coming up evey month constructed by govt agencies .
Idiots dont use them .
They use them as storage for fodder in villages .



Khalifa ?
Zaid hamid ?
Loooooool
 
.
LOL stop watching Indian Media for a minute. Will you???
Hasn't Pakistan's Debt increased dramatically?

The debt of your federal government has reached to Rs 32,240 billion that was Rs 24,732 billion in August last year. I'm just trying to understand your point of view.

Whats the interest for CPEC loans?
 
.
In the previous week, the reserves had surged by massive USD 5.02 billion to USD 433.59 billion

The country's foreign exchange reserves surged by USD 4.24 billion to touch a record high of USD 437.83 billion in the week to October 4, according to the latest data from the Reserve Bank of India.

In the previous week, the reserves had surged by massive USD 5.02 billion to USD 433.59 billion.

The increase in reserves in the reporting week was on account of rise in foreign currency assets (FCA), a major component of the overall reserves.

FCA increased by USD 3.99 billion to USD 405.61 billion in the week ended October 4, the RBI said.

Expressed in US dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and the yen held in the foreign exchange reserves.

During the week, gold reserves increased USD 232 million to USD 27.17 billion.

The special drawing rights with the International Monetary Fund was up by USD 1 million to USD 1.43 billion during the week.

The country's reserve position with the IMF also increased by USD 9 million to USD 3.61 billion, the data showed.

https://www.business-standard.com/a...igh-of-usd-437-83-billion-119101101100_1.html
 
. . . . .
No pakistani fan boys here..... The delusion in which so many of them live and comment on this forum is simply amazing... Lol[emoji23]

Why? do you want a fuccking medal from us? Your External debt increased from in Jan 2019 from 521billion to 551 billion just in 6 months. Here you are happy that you added 5 billion in reserves. Any country can increase reserves by hoarding dollars and increasing external debt there is no rocket science to it. You are neither an economist nor do you have exact data regarding why there is an increase in your reserves. I can post figures about your sinking economy any day but arguing with you indians specially Modified Hindutvas Indians is a fuuccking waste of time.
 
.
Why? do you want a fuccking medal from us? Your External debt increased from in Jan 2019 from 521billion to 551 billion just in 6 months. Here you are happy that you added 5 billion in reserves. Any country can increase reserves by hoarding dollars and increasing external debt there is no rocket science to it. You are neither an economist nor do you have exact data regarding why there is an increase in your reserves. I can post figures about your sinking economy any day but arguing with you indians specially Modified Hindutvas Indians is a fuuccking waste of time.

The Indians like to pretend they are in full control LOL It is common knowledge what Modi has done to Indian economy.
 
. .
The Indians like to pretend they are in full control LOL It is common knowledge what Modi has done to Indian economy.

Modi has done to Indian Economy what Nawazu and Mr 10% did to ours in past one decade. If MODI is not elected in next term he will simply blame it all on next government but for now it's all good optics to show climbing reserves..
 
.
Our forex reserves are at 435 billion USD
Yours are at 8 billion USD
And u have to pay China 6 billion U

Sd in next 2 years
I can post Pakistani news articles boasting about Your Kaptaan getting soft loan from UAE , Qatar , oil on 3 year credit from Saudi

Maybe the will help

Whats stoping you to make akhand bharat. hmmmm i guess its never about money...we have atleast friends who stand beside us even if they dont stand with us, india stays where they suppose to.. "india ko us ki aukat mein rakhna perta hai aap ko to pata hai neechon ka kuch paisa aya nahi or aukat say bahir".
 
.
Foreign debt also increases reserves. MNCs which made profits in india and retained money here can also increase reserves. If india holds euros and its value against dollar raises that also increases reserves. so increase in reserves can be bad too.
 
.
Hasn't Pakistan's Debt increased dramatically?

The debt of your federal government has reached to Rs 32,240 billion that was Rs 24,732 billion in August last year. I'm just trying to understand your point of view.

Whats the interest for CPEC loans?

the pakistani rupee was devalued
in dollar terms it has risen but not that much
 
.

Latest posts

Back
Top Bottom