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Why India cannot let the rupee float. - 360
Imported inflation, fragile manufacturing and unequal burdens complicate textbook arguments supporting unrestricted currency depreciation across India. India’s exchange-rate debates often proceed as though the price of the rupee were merely another financial price best left to market correction and macroeconomic adjustment. In theory, a weakening currency performs a useful balancing function. Imports become costlier, domestic […]
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360info.org
Why India cannot let the rupee float. - 360
Imported inflation, fragile manufacturing and unequal burdens complicate textbook arguments supporting unrestricted currency depreciation across India. India’s exchange-rate…
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thediplomat.com
Why India Cannot Let the Rupee Float
Imported inflation, fragile manufacturing, and unequal burdens complicate textbook arguments supporting unrestricted currency depreciation across India.
