India needs FDI, not RBI rupee intervention - Opinion

28 May 2012

The currency is now dominating much of daily news flow in India but the government’s response has been tepid. Too much is being put at the feet of the RBI when foreign investment is what’s needed.

A Google News search for “falling rupee” yields thousands of articles over the past seven days, most of which are in the Indian press. India’s famously loud and boisterous democracy is laying siege to Delhi on currency via its equally loud and boisterous fourth estate. But instead of ...

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