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...
archiveRBI dollar sales
RBI steps in with heavy dollar sales to defend rupee as currency rebounds from record lows: Report
The Reserve Bank of India (RBI) sold an estimated $2 billion to $3 billion on Thursday to defend the rupee...
