Is the central bank the only game in town in a crisis?
Some people believe that central banks are the answer to all of our economic problems. But is that really the case?
Some people believe that central banks are the answer to all of our economic problems. But is that really the case?
The amount is just 0.8% and 5.8% of India’s GDP and foreign exchange reserves, respectively. And the maturity profile is reasonably spread out in FY21.
Here’s how the key indices moved in a year marred by a slowing economy, rising crude oil prices, and trade tensions between the U.S.and China. But FPI flows were a bright spot.
The rupee has fallen more than 12% so far this year. Earlier this month, Jaitley allayed fears about the fall of the rupee, saying global factors were to blame.