History explains Indian comfort with reserve surge

This article says the trauma of the 1991 crisis, triggered by the drying up of capital flows and withdrawals by non-resident Indians, goes along way to explain why India is comfortable increasing its stockpile of reserves. "There's no faith in the international financial system if push comes to shove," it quotes a former finance ministry official as saying.

Click here to read the article "History explains Indian comfort with reserves surge" on the Reuters website

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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