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foreign exchange reserves

2 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Feb 9, 2024 by Dr. C. Rangarajan · across every show →

Everything said about foreign exchange reserves, oldest first

Feb 9, 2024
Assertion Supported
Rangarajan: Inadequate Reserves in 1991 Forced Severe Import Curtailment
“We were in a situation in which our reserves were inadequate, totally inadequate, and we had to face an acute situation in which the imports had to be curtailed to a very large extent.”
Dr. C. Rangarajan Feb 9, 2024 ▶ 3:12 Dr. C Rangarajan on Dr. Manmohan’s Legacy, 1991 Reforms & Future Economic Plans I The Neon Show
Oct 7, 2025 bearish
Assertion Supported
Kumar: India's record forex reserves are dangerously built on debt, not trade
“Next, you said that the debt, the India's foreign exchange reserves are at a high, but that is built on capital flows. That is not built on our trade and current account surpluses. So that means it's built on debt.”
Prof. Arun Kumar Oct 7, 2025 ▶ 29:00 Does Higher GDP Mean Better Jobs, Housing & Income? w/ Economist Prof. Arun Kumar
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