PREVIEW

... reign debt, has limited foreign exchange reserves, and when they undertake these projects, they certainly won’t use Indian Rupees, but will exchange them into foreign currency.

Thus,

This will definitely deplete India’s foreign exchange reserves.

In the short term.

Not obvious.

However,

With a few more such projects, the accumulated exchange pressure will approach fifty billion dollars. This money is not regular trade dealings,

But a one-si ...

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