scorecardresearchNo major foreign exchange outflows expected after US Fed taper

No major foreign exchange outflows expected after US Fed taper

Updated: 03 Feb 2022, 03:42 PM IST
TL;DR.
The US Fed taper plan unlikely to trigger major fund outflows, the economic survey indicated, as the US central bank is geared to double its pace of scaling back of bond buying programme
Foreign exchange reserves have accumulated to over $633 billion in recent months.

Foreign exchange reserves have accumulated to over $633 billion in recent months.