Business Case Studies, Macroeconomics Case Study, India’s Forex Reserves

print page
Tell A Friend

Case Categories

Macroeconomics Case Study

Case Title:

India’s Forex Reserves

Publication Year : 2004

Authors: Akshaya Kumar Jena, Saradhi Kumar Gonela

Industry: General Business


Case Code: MEBE0029

Teaching Note: Available

Structured Assignment: Available

Buy This Case Study

Abstract: After its independence from the British in 1947, India formulated its economic policies to attain self-reliance, encourage productivity and attract foreign investment. For the first fifty years after independence, the Indian government was unable to maintain a comfortable level of foreign exchange reserves and it also faced the problem of increasing external debt. But the economic reforms of the late 1990s helped the country to accumulate forex reserves to the tune of $100 billion.

Pedagogical Objectives:

  • To understand the importance of foreign exchange reserves
  • To analyse foreign exchange rate regime and determination of exchange rate determination
  • To discuss if emerging markets are ready for capital account convertibility.

Keywords : India's forex reserves; Five-year plan; Industrial policy statement; Foreign Exchange Regulation Act (FERA); Planning Commission; Balance of payment; Liberalisation policy; Monopolies and restrictive trade policies; Cash assistance scheme; Liberalised exchange

Recently Bought Case Studies

    Recently Bought Case Studies

    Executive Interviews

  • David ConklinDavid Conklin

    David Conklin, is a professor at the Richard Ivey School of Business
    Speaks on Government and Business
  • Lord Meghnad DesaiLord Meghnad Desai

    Lord Meghnad Desai, is an Indian-born British economist and Labor politician
    Speaks on Government and Business
  • Vijay GovindarajanVijay Govindarajan

    Vijay Govindarajan, is widely regarded as one of the world’s leading experts on strategy and innovation
    Speaks on Reverse Innovation
  • View All Executive Interviews»

Contact us: IBS Case Development Centre, Survey No. 156/157, Dontanapalli Village, Shankerpalli Mandal, Ranga Reddy District, Hyderabad-501203, Telangana, INDIA, E-mail:

©2020-2025 IBS Case Development Centre. All rights reserved. | Careers | Privacy Policy | Terms of Use | Disclosure | Site Map xml sitemap