Opinion

The rupee’s recent stability is good news—but let's not forget the fragilities that remain

livemint.com 30 Aug

India

The rupee’s recent stability is good news—but let's not forget the fragilities that remain — Sources: livemint.com

The Reserve Bank of India’s special steps, including a swap window for FCNR-B deposits to attract dollars, offer relief but they don’t address the risks the currency faces at the structural level. Here's what policymakers must pay attention to.

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