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Tag: FCA

3 Results

  • Problem of Plenty

    Problem of Plenty

    Surging reserves can be a double-edged sword as there is a cost to holding them. High reserves will obviously lead to appreciation of the currency and rise in inflation, because capital inflows that result in high reserves are used to buy domestic currency, thereby expanding the domestic monetary base without a corresponding increase in production, and this causes a rise in inflation.

    July 7, 2021
  • CM pushes for completion of Himachal projects in time

    CM pushes for completion of Himachal projects in time

    Chief Minister Jai Ram Thakur directed for timely completion of developmental schemes to avoid over-run cost and time, while presiding over the meeting conducted for finalisation of priorities of MLAs for annual plan 2018-19 on Tuesday. He said that regular monitoring of schemes was required to be done in implementation stage. He emphasized that work …

    February 13, 2018
  • India’s Forex reserves rise by $4.44 bn

    India’s Forex reserves rise by $4.44 bn

    India’s foreign exchange (Forex) reserves rose by $4.44 billion as on December 29, 2017, official data showed on Friday. The Reserve Bank of India’s (RBI) weekly statistical supplement showed that the overall Forex reserves rose to $409.36 billion from $404.92 billion reported for the week ended December 22. India’s Forex reserves comprise of foreign currency …

    January 6, 2018