What constitutes India's forex reserves and why are they declining?

印度的外汇储备由哪些构成？为什么会减少？

India's foreign exchange reserves have fallen by $45 billion in the last 8 months, from a peak of $642.5 billion on September 3, 2021. A variety of reasons have led to this fall -- RBI selling dollars to support the rupee, India's rising trade deficit to multi-year highs and risk aversion by foreign investors who have moved out of emerging markets including India to less riskier assets

印度的外汇储备在过去8个月里减少了450亿美元，而2021年9月3日，印度外汇最多达到了6425亿美元。

多种原因导致了今年外汇的减少

印度央行抛售美元以支持卢比，印度贸易逆差不断攀升至多年来的新高，以及外国投资者的风险厌恶情绪，

他们已经离开包括印度在内的新兴市场，转向风险较低的资产

以下是youtube上网民的评论：

raghav khurana

We should invest in the FX bonds in Yuan as well. Changing world order and diversification would catapult India in FX diversification and lay an edge in international market

我们也应该投资人民币外汇债券。改变世界秩序，推动印度实现外汇多样化，并在国际市场上占据优势

EasyEconomics
There are issues of currency convertibiity .Chinese currency is not fully convertible

还有货币可兑换的问题。中国货币不能完全自由兑换

Sarat Saratchandran

The Covid affected countries are losing the FER and India is no exception! Unfortunately the Ukraine war came as a curse and the world economy is struggling and long with India too! There is a down time for all until the global economy picks up!

受新冠疫情影响的国家，外汇储备都在减少，印度也不例外！不幸的是，乌克兰战争又雪上加霜，世界经济也在苦苦挣扎，印度也在苦苦挣扎！在全球经济复苏之前，所有人都会处于低迷状态！

Pragyesh Mishra

You didn't mention the main point of paying 250 billions in loans maturing this year. So our reserves will fall to 400 Billion USD. Nothing to worry about.

没有提到今年支付到期的2500亿贷款。因此，我们的储备降至4000亿美元。没什么好担心的。

mandar P

This Indian govt has to repay around 250 billion US dollars of overseas debt this year.
Forex reserves will dip further.

印度政府今年要偿还大约2500亿美元的海外债务。

外汇储备将进一步下降

Shuvam Mishra
Very well done, Mr Batra!

干得好

Manek Kapur

RBI also sell it's dollars to artificially stabilise the rupee.

印度储备银行还在抛美元，人为地稳定卢比。

gowtham g

RBI accumulated lot of foreign reserves in last two years in anticipation of these kind of high inflation and volatile economy so that as rupee values fall RBI can use the reserves to arrest depreciation of rupee.

印度储备银行在过去两年里积累了大量外汇储备，以应对这种高通胀和动荡的经济

Vareechan Kadavil

No need to worry about these figures, we are now a 5 Trillion Dollar economy, Jai Modiji, Jai Nirmalaji

不用过于在意这些数据，我们印度现在已经是一个5万亿美元的经济体

Braju B
Rightly said well said

说得好

Arjun S Nambiar

We're still only at 3 trillion dollars.

我们仍然只是3万亿美元规模的经济体

Yogesh Babu

Encourage export restrict import only way to change the situation

鼓励出口，限制进口，是改变这种局面的唯一途径

Raju S

India should buy more and more cheap Russian oil, and encourage more biogas plants in rural India, to reduce our oil/gas import bill.

印度应该多买一些俄罗斯石油，鼓励在印度农村建设更多沼气厂，以减少我们的石油/天然气进口

Capt kushal

What's happening is totally fine ... there is shift in global trade and politics, make way for multi polar world

全球贸易和政治正在发生变化，为多极世界让路

Akshay Margonwar

Manmohan singh had mentioned at that time that we are pushing the burden on future generations to satisfy the present one.

曼莫汉·辛格曾经说过，为了满足当前的需要，我们正在把负担推给子孙后代

Jomish Johny

India needs to buy Russian oil.

印度应当购买俄罗斯石油。

Var R

BTW US doesn't hold much of forex reserves.
Time to make more bilateral currency swap agreements with different countries.

美国也没有多少外汇储备啊

我们是时候与不同国家签订双边货币互换协议了。

a b

As long as dollars are used as the main currency for trade . USA do not need to hold forex reserves.

只要美元被用作贸易的主要货币。美国就不需要持有外汇储备。

Amithab V

They don't need to. They own the reserve currency

他们不需要外汇储备啊，他们的货币就是外汇储备

Prakash Tiwari

Because they don't need to. They can print as much they want. Simple. After pandemic there was a news that American reserve Bank gonna print 3 trillion dollar of cash. That's crazy.

他们不需要啊。他们想印多少就印多少。这次疫情，有消息称美国储备银行印了3万亿美元的现金。太疯狂了

Nikhil

India is paying the debts with foreign reserves

印度正在用外汇储备偿还债务

a b

Is India's stance on Ukraine also reason for foreign investors to pull out money from India ?

印度对乌克兰的立场，是否也是外国投资者从印度撤资的原因？

Indian

Indians should invest in feature tech instead of buying gold

印度人应该投资技术，而不是购买黄金