Although India’s $600 billion in reserves should help it combat market volatility as a result of any monetary tightening in the United States, economists and traders warn that the country’s sluggish economy and growing fiscal deficit still make it vulnerable to capital flight. Continue reading
Analysis: India bulks up against outflows as Fed, virus risks threaten repeat of 2013
2021-06-28T08:15:50-04:00June 28th, 2021|