India Is Begging for Dollars, and It’s a MASSIVE Warning the World
About this episode
The episode discusses India's urgent need for dollars and the measures being taken by the Reserve Bank of India to attract foreign currency deposits.
India is once again scrambling for dollars, kind of begging for them. After spending months defending the rupee, the Reserve Bank of India is now offering generous support to banks to get them to raise foreign-currency deposits. They’re being encouraged to get creative with it, everything from creating new products to using new digital channels. And, of course, the old school way of just jacking up the interest rate offer. All designed to get dollars into Indian hands. “Begging” might be a strong word, but only barely. Eurodollar University's Money & Macro Analysis -------------------------------------------------------------------------------- Learn more about Augusta Precious Metals and what they have to offer - including physical gold for IRA accounts - by going to: https://EurodollarGold.com or text EURO to 35052. ---------------------------------------------------------------------------------- If you want to see The Four Economic Regimes, and How to Position Your Portfolio for Each One, sign up here https://eurodollar-university.com/home-page ---------------------------------------------------------------------------------- https://www.youtube.com/watch?v=R03-x-Wmr7k…
People in this episode
Host: Jeff Snider
Topics covered
- dollars
- India
- foreign-currency deposits
- rupee
- interest rates
- economic warning
Sponsors
Augusta Precious Metals
Mentioned in this episode
Organizations: Reserve Bank of India
Places: India
More episodes of Eurodollar University
- The Oil Market and Yield Curve Just Did Something Really Strange
- The Fed Hasn’t Done This in Over 40 Years!! Here’s What You Must Know
- The Biggest Gas vs. Oil Divergence in History (Here's What It Means)
- CPI SHOCKS the Markets as Interest Rates PLUNGE
- What’s the Difference Between a Recession and a Depression?
- Japan Is Trying to Stop the Yen Carry Trade… It Won’t End Well
Explore listener stats, chart rankings, contacts and more on the Eurodollar University podcast page.