To know.
India.
Owes quite a bit of foreign debt, has limited foreign exchange reserves, and when they undertake these projects, they certainly won't use Indian Rupees, but will exchange them into foreign currency.
Thus,
This will definitely deplete India's foreign exchange reserves.
In the short term.
Not obvious.
However,
With a few more such projects, the accumulated exchange pressure will approach fifty billion dollars. This money is not regular trade dealings,
But a one-sided currency exchange.
At that time,
India might introduce policies to restrict this. But upon thinking that there is Myanmar Bank Group backing, all the enterprises felt much more at ease.
They,
are not fighting alone.
With it,
India probably won't dare to act rashly.
...
At this moment,
As they thought, Indian authorities also realized this problem; once or twice, India's foreign exchange reserves can still hold up, but if it happens a few more times,
they will definitely be strained.
