000 01000pab a2200157 454500
008 180718b2002 xxu||||| |||| 00| 0 eng d
100 _aReddy, Y.V.
245 _aIndias' foreign exchange reserves: policy, status and issues
260 _c2002
300 _ap.1906-914.
362 _a18 May
520 _aThe questions addressed in this paper are: What are forex reserves? Why hold forex reserves and how did the policy evolve? What is the appropriate level of reserves? How does the current status appear in terms of indicators of adequacy of reserves? The author also focuses on several aspects of forex management such as the implications for quasi-fiscal deficit and communication policy of the RBI. The issues in regard to policy and management of forex reserves in India are posed in some detail. The concluding part contains some random thoughts from a futuristic perspective. - Reproduced.
650 _aForeign exchange
773 _aEconomic and Political Weekly
909 _a52465
999 _c52465
_d52465