The Beta Talks
The Beta Talks
Team Betatalks
(Un.)lockDown Ep2 with Mr. Indranil Pan - India's dollar buying spree rises FX Reserves
43 minutes Posted Jul 11, 2020 at 11:06 am.
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E2 – (Un.)lockdown – What’s Next To Normal, a series by The Beta Talks
In this episode we talk about India’s Foreign Exchange Reserves reaching a new high, crossing the half-trillion-dollar milestone. As on June 5, 2020, the Foreign Exchange Reserves hit $501.7 billion and have continued to rise till date, the reason being the increased Foreign Direct Investment (FDI), External Commercial Borrowings (ECBs), as well as RBIs, continued dollar mop-up. 
To further understand the importance of Foreign Exchange Reserves, and its impact and implications on the economy, we are privileged to have Mr. Indranil Pan – Chief Economist, IDFC FIRST Bank on this episode to share his views. Mr. Indranil Pan is one of the most experienced economists and his analysis on economic affairs is one of the best we came across. 
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