ExplainSpeaking | Forex reserves & rupee’s exchange rate: what are they and how are they related? | Explained News,The Indian Express

In this edition of ExplainSpeaking, we look at forex reserves and exchange rates, how they impact each other, and why it's necessary to keep aside political loyalties in understanding them.

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Dear Readers,

Over the past two years, and more so over the past two months, you would have read or heard repeated mentions of India’s forex (short for foreign exchange) reserves and the rupee’s exchange rate.

In the immediate past, you would have read that both India’s forex reserves as well rupee’s exchange rate (vis a vis the US dollar) have been falling quite sharply.

Before understanding what these things mean and how they are related, one must keep aside political loyalties.

https://indianexpress.com/article/explained/forex-reserves-rupee-exchange-rate-explained-8021551/

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