facebook-page-view
Advertisement

Why the RBI shouldn’t prop up the rupee for now

By Ishaan Gera

  • 15 Jan 2016
Premium
Why the RBI shouldn’t prop up the rupee for now
Other | Credit: Reuters

The rupee slumped again on Friday to its lowest level in nearly 28 months, as mounting concerns over the health of the global economy led investors to pull money out of Indian stocks.The drop prompted economic affairs secretary Shaktikanta Das to reassure, via a tweet, that the finance ministry and ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement