Opinion

Ajit Ranade: RBI owes the public an explanation for its exorbitant dollar deposit scheme

Livemint 23 h

India

Ajit Ranade: RBI owes the public an explanation for its exorbitant dollar deposit scheme — Sources: Livemint

Central banking often demands difficult choices made under uncertainty. However, good institutions earn trust by explaining their actions clearly. RBI owes us a cost-benefit analysis of its swap window that drew $127 billion plus.

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Opinion

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