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By Shreesha

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The Snippets Journal

By Shreesha

The Garden →Explore ideas

SiN #91 – $605,008,000,000

  • Shreesha SShreesha S
  • June 18, 2021
  • Snips In Numbers
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That is the size of Foreign Exchange Reserves India has as of June 2021. It is just enough to cover less than 15 months imports. On the other hand, China has the world’s biggest ForEx reserves at $3.22 Trillion, which just covers 16 times its monthly imports!

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Gross Profit — The Economics of Competitive Advantage
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Capital Allocation — The Economics of Compounding
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