The Main Reasons For A Weak Rupee
Things which make the US Dollar or other Foreign Currencies stronger
1.The NDA's 2 Gold Schemes .
2.Half of India's Gold is outside:-
1.200 MT Paper Gold with BIS
ii.48 MT Gold with BoE
iii.20 MT with UBS
3.The $ 140 Billion US Treasury Holdings
4.Forex of $ 400 Billion.
Things which make the US Dollar or other Foreign Currencies stronger
1.The NDA's 2 Gold Schemes .
2.Half of India's Gold is outside:-
1.200 MT Paper Gold with BIS
ii.48 MT Gold with BoE
iii.20 MT with UBS
3.The $ 140 Billion US Treasury Holdings
4.Forex of $ 400 Billion.
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