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Sridhar Vembu Explains Why India Must Conserve Forex Despite 7.8% GDP Growth

Sridhar Vembu Explains Why India Must Conserve Forex Despite 7.8% GDP Growth
Photo: Free Press Journal · view original

Zoho co-founder Sridhar Vembu has said India’s strong economic growth does not eliminate the need to manage foreign exchange reserves carefully. He argued that a fast-growing economy often requires greater imports of energy, technology and machinery, making forex conservation important during the...

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