India’s Dollar Short Position Is EXPLODING (Here's What You Need To Know)
The new guy at the RBI said he wasn't going to interfere with the rupee as much as his predecessor. Apparently, the dollar has left him with little choice. It’s the fundamentals that matter. And even India is showing more signs of forgetting how to grow. That’s why the dollar has been on a rampage again and why RBI can't let it go. Eurodollar University's Money & Macro AnalysisBloomberg India Central Bank’s Short Dollar Book Hit Record $77.5 Billionhttps://www.bloomberg.com/news/articles/2025-02-28/india-central-bank-s-short-dollar-book-hit-record-77-5-billionIndia: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Indiahttps://www.imf.org/en/Publications/CR/Issues/2025/02/27/India-2024-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-562726IMF 2018https://www.imf.org/en/News/Articles/2018/08/07/NA080818-India-Strong-Economy-Continues-to-Lead-Global-GrowthMacroVoices Mar-a-lago Accordhttps://macrovoices.podbean.com/e/macrovoices-469-jeff-snider-the-mar-a-lago-accord-seen-through-a-eurodollar-lens/At YT:https://youtu.be/qeu6vrqZ980https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU