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Do you have any exams coming up? use of neurontin tablets With short-term debt of around $172 billion and forex reserves of around $280 billion, India is in much better shape than the victims of the Asian financial crisis. Moreover, the rupee's freefall indicates that India's central bank is not making the same mistakes made by the Asian tigers in the 1990s, when Thailand, Indonesia and South Korea burned up their foreign exchange reserves in a doomed effort to defend their currencies.