The Dhaka Times Desk Corona and Russia Ukraine war has shaken the whole world. Due to which the foreign exchange reserves of South Asian countries have started to decrease.
The economic recession started with Sri Lanka and Pakistan, then the name of Bangladesh was added. Now it has been joined by the name of India, the big power of South Asia. The Times of India reported this information in a report.
According to the report, India's foreign exchange reserves fell from $7.5 billion to $572 billion or $57,000 billion in the week ended July 15.
Earlier due to Corona, in November 2020 India's reserves stood at 57 thousand 200 million dollars. However, in October 2021, the country's foreign exchange reserves stood at 64,000 billion dollars. It is said that the reason for this is that the Reserve Bank released 5000 million dollars in the market to keep the foreign currency dollar price stable. Due to which the reserves in the country have decreased so much.
On the other hand, the Indian rupee is depreciating against the dollar. Last July 21, it set a new precedent, the value of one dollar crossed 80 rupees and the price of rupees fell to 80.06 per dollar. But then the price of rupee again increased slightly. Yesterday (July 23), the price of one dollar was 79.81 rupees.
Analysts said that the rupee is continuing to depreciate due to rising crude oil prices in the international market. Some of the international observers think that the departure of foreign investors from the capital market is also one of the reasons. The rupee has depreciated by 7 percent this year. The Reserve Bank of India has also sold one-sixth of its foreign currency reserves to stem this continuing decline.
According to international observers, this move managed to pull Rush to some extent in the fall. However, the foreign exchange reserves have decreased a lot.
In this reality, India is currently trying to trade in rupees with its close trading partners, also exploring its feasibility.
Things to do to prevent Corona virus
# try to stay at home all the time.
# Follow the rules and use mask when going out for emergency.
# three-layer cloth mask can be washed if desired.
# wash clothes after coming home from outside. Or hang it without shaking for at least four hours.
# Wash hands thoroughly (for at least 20 seconds) with soap or liquid before coming outside.
# plastic PPE or eyes, face, head must be washed thoroughly with detergent and dried after one use.
# Wear PPE made of cloth or clean as described.
# Use a head cap that completely covers the hair.
# Those who have sneeze cough should follow all the rules promulgated by the government. Also, wash hands as directed before and after handling food items, keys, switches, mice, remote controls, mobiles, watches, computer desks, TVs, etc. and after using the bathroom. Those who have dry hands use Moisture after washing their hands. Soap or hand liquid can be used. Why can this virus remain in the crackle (cracked part) of dry hands? Avoid using highly alkaline soaps or detergents.
English 
Bengali