Short term rupee fix is no solution to India’s long-term problems – opinion

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Short term rupee fix is no solution to India’s long-term problems – opinion

Thousand rupee note

The Reserve Bank of India shocked markets this week with measures to curb the rupee’s decline — moves that aren’t expected to provide a long-term solution. India needs to stop fiddling at the margins and take definitive action to solve its financial problems.

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