There is ongoing discussion on whether India’s forex reserves can be used to fund India’s infrastructure. Similar discussion is going on in Czech Republic as well. Jan Kubí?ek, member of the Czech National Bank (CNB, their central bank) banking...

There is ongoing discussion on whether India’s forex reserves can be used to fund India’s infrastructure. Similar discussion is going on in Czech Republic as well. Jan Kubí?ek, member of the Czech National Bank (CNB, their central bank) banking board writes why the forex reserves cannot help the govenment budget: What are the foreign exchange […]

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