Every time we have read the importance of normal Monsoon rains on Indian economy and even the Government is depending on the monsoon rains to achieve the estimated fiscal deficit and GDP growth target every year. Now we will check the reason behind it and try to explain the importance of normal monsoon rain on […]Continue Reading... No Comments.
In this write up we will try to explain the effect of higher fiscal deficit on currency exchange rate and import/export of a country. We will take the example ofIndiawhile explaining the same. High Fiscal deficit increases the government borrowing in the money market as the government borrows more to compensate the gap. Who are […]Continue Reading... No Comments.
China’s Forex reserves touched a record high of USD 3 trillion in May 2011 which is much higher than the second place ofJapan’s USD 1.2 trillion Forex reserves.India’s Forex reserves stands at around USD 300 billion. Chinacontinuously try to boost its trade activity and industrial output to deliver fastest GDP growth in the World continuously.China’s […]Continue Reading... No Comments.