ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Reserves Build-Up: More Than Meets the Eye

Given its current level of dynamism, it is difficult to explain the Indian economy earning/acquiring over $ 25 billion of foreign currency assets in a single year. There is, therefore, more to the build-up of foreign exchange reserves than the Reserve Bank�s recent explanatory note suggests.

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