## Key Takeaways
* Deepak Shenoy, CEO of Capitalmind, advocates for “net imports” as the definitive metric for assessing foreign exchange reserve adequacy, directly countering investor Shankar Sharma’s views.
* Shenoy dismisses the International Monetary Fund’s (IMF) widely used methodology for evaluating forex reserves, labeling it as flawed.
* His argument highlights the interconnected nature of imports and exports, noting that many imports are integral to producing exports, and that payments
Editorial Note
This article was created using publicly available information
and reviewed before publication.
