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	Podcast:		Eurodollar University
	Episode:		India is MASSIVELY Shorting The Dollar (Here’s What You Need To Know)
	Category:		Business
	Duration:		00:17:51
	Publish Date:		2024-12-01 12:00:00
	Description:		India's RBI just recently has gone massively short the US dollar and in the NDF market, too, just to keep the crumbling rupee from sinking even more. This won't work exposing the central bank to losses and also potentially amplifying the downdraft in the currency. A big update on the fundamentals explains. Eurodollar University's Money & Macro Analysis Bloomberg India Plows Into NDF Market as It Fights Back Against Dollar https://www.bloomberg.com/news/articles/2024-11-29/india-plows-into-ndf-market-as-it-fights-back-against-dollar Bloomberg India’s Growth Shocker Puts Pressure on RBI to Cut Rates https://www.bloomberg.com/news/articles/2024-11-29/india-s-economic-growth-weakens-to-almost-two-year-low Bloomberg India’s Falling Wages Squeeze Urban Middle Class and Economy https://www.bloomberg.com/news/articles/2024-11-29/india-s-falling-wages-squeezes-urban-middle-class-and-economy Bloomberg RBI Inquiries on Liquidity Spur Speculation of Action Next Week https://www.bloomberg.com/news/articles/2024-11-29/rbi-inquiries-on-liquidity-spur-speculation-of-action-next-week https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU
	Total Play:		0

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