More on war of currencies

More on war of currencies, India´s Central  Bank joins the flood of money in his way to spur growth. Is stated that this move will inject 9.63 bn. And comes in the form of a reduction of reserve requirements

Since 2008 till now, every mayor Central bank has conducted some kind of stimulus and all of this measures depreciate his own currencies and increase the competitiveness by making cheaper the exports. When the trade balance of other economies falls, the Central banks act to counter the aprecciating move of his own currency and this make a cyclical movement that will generate inflation and volatility in the future.

India's central bank cuts cash reserve requirement LINK :

HONG KONG (MarketWatch) - India's central bank on Friday lowered banks' cash reserve requirement by 0.75-percentage point to 4.75% effective Saturday, adding to a 0.50-percentage point cut in January, saying the lower rate was necessary to help relieve liquidity conditions within the banking system ahead of tax season. Nomura said the cut to the cash reserve ratio would inject around 480 billion Indian rupees ($9.63 billion) into the banking system.