India is among the 49 countries, which have adopted the SDDS template for publication of detailed data on forex reserves. The data template provides some information on a number of parameters including currency composition, deployment of forex reserves and forward positions.
But there are other factors which also weigh on inflation. And the labour market is the place to look for them. After all, wages play a key role in inflation dynamics. If wages go up, inflation goes up. However, wages seem to be growing quite slowly even though the economy is recovering strongly. Why is that?