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Foreign Exchange Reserves (Fer) Accumulation and MacroEconomic Stability: The Indian Experience
Dr. Partap Singh Chahal and Mr. Bhaskar Angaria

Published in: Journal for Advance Research in Applied Sciences
Volume- 4, Issue-7, pp.441-449, Dec 2017
DPI :-> 16.10089.JARAS.2017.V4I7.441449.2282



Abstract
The countries exercise their foreign exchange reserves to keep the value of their currencies at a unchanged rate The utilize of International Reserves has turn out to be more fashionable after the decline of gold standards. Indian International Reserves shored up especially after liberalization policy announced in 1991. The Exchange Rate regime of India, since the mounting trend of foreign reserves has faced fluctuations from time to time. The Present Paper study the relationship exists between international reserves, Gross Domestic Product, Inflation and Exchange Rate. It also present picture of international reserves’ impact on GDP, exchange rate and inflation rate.

Key-Words / Index Term
SDRs, Exchange Rate, Foreign reserve, Inflation and Gross Domestic Product

How to cite this article
Dr. Partap Singh Chahal and Mr. Bhaskar Angaria , “Foreign Exchange Reserves (Fer) Accumulation and MacroEconomic Stability: The Indian Experience”, Journal for Advance Research in Applied Sciences, 4, Issue-7, pp.441-449, Dec 2017. DPI:16.10089.JARAS.V4.I7.2282