With the economy in the tailspin amid pandemic, the news of India's Forex reserves touching the $500 billion mark for the first time provided the semblance of solace. Examine the factors that could explain this increase.10 Marks - Civilsdaily

With the economy in the tailspin amid pandemic, the news of India’s Forex reserves touching the $500 billion mark for the first time provided the semblance of solace. Examine the factors that could explain this increase.10 Marks

Mentor’s comment- https://finshots.in/archive/india-foreign-exchange-reserves/ In the intro, mention the importance of adequate Forex for a country. In the body, you can … Continue reading With the economy in the tailspin amid pandemic, the news of India’s Forex reserves touching the $500 billion mark for the first time provided the semblance of solace. Examine the factors that could explain this increase.10 Marks