Tag: foreign inflows
Posted in Economy
India’s economy faces threats that currency band-aid can’t fix
India’s government and central bank took coordinated steps on Friday to spur foreign inflows, providing an immediate boost to the beleaguered currency. The challenge for…
Posted in Economy
RBI to tolerate weaker rupee as inflows dry up, sources say
India’s central bank will tolerate a weaker rupee as the country’s external sector confronts multiple headwinds including a wider trade gap and stalling of dollar…