India needs $1 trn forex reserves buffer for stability: Ex-RBI Deputy Guv (Soban News)

The $1 trillion target is derived from two critical buffers: $350 billion to cover all one-year debt obligations and $650 billion to protect against a potential exodus of foreign portfolio capital​The $1 trillion target is derived from two critical buffers: $350 billion to cover all one-year debt obligations and $650 billion to protect against a potential exodus of foreign portfolio capital ​Home Page [ SOBAN NEWS: International and National ]