The RBI and rupee’s last line of defence
There is a seductive clarity to economist and 16th Finance Commission of India chairman Arvind Panagariya’s argument. If markets want...
archiveIndia Currency Crisis
India forex reserves drop $7.8 bn; rupee weakens to 94.47 against the dollar
Kolkata: India's foreign exchange reserves declined $7.794 billion in the week ending May 1 to $690.693 billion, according to data...
Asian currencies wilting in the Iran war’s heat
TOKYO – India and Indonesia aren’t often at the center of the global financial zeitgeist. But as the rupee and...
