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Too Many Dollars in Reserve?

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Neelkanth Mishra | April 19, 2022, 8:31PM IST This appeared in the Times of India on April 20, 2022 (link) Sanctions following the Russia-Ukraine conflict have triggered much discussion on how other countries would manage their foreign currency (FX) reserves going forward. These reserves are a country’s insurance against economic shocks, like households or companies … Read more

Handling the dollar deluge

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Diverging fiscal responses to the crisis can create serious macroeconomic challenges for countries globallyNeelkanth Mishra | Last Updated at August 5, 2020 01:42 IST (This was published in the Business Standard: link) The Reserve Bank of India’s (RBI’s) balance sheet size has grown sharply to 27 per cent of gross domestic product (GDP) in early … Read more