RBI may need to find ways to reload forex reserves as Indian rupee falls further, says HDFC's Abheek Barua

Barua said that the central bank may need to think of ways to bulk up its forex reserves, should the pool shrink to near $500 billion in the coming months. "The central bank should intervene to ensure that a falling currency does not eclipse India's fundamentals," wrote Barua.

RBI may need to find ways to reload forex reserves as Indian rupee falls further, says HDFC's Abheek Barua
Barua said that the central bank may need to think of ways to bulk up its forex reserves, should the pool shrink to near $500 billion in the coming months. "The central bank should intervene to ensure that a falling currency does not eclipse India's fundamentals," wrote Barua.