Tag: inflation targeting
Posted in Economy
For a few dollars more: Inflation bypass can hurt
It is a bit of a puzzle for a Monetary Policy Committee with an inflation-targeting mandate to unanimously vote for keeping policy rates and stance…
Posted in Economy
RBI’s forex strategy yields better results than IMF approach, says deputy governor Poonam Gupta
The Reserve Bank of India’s (RBI) currency management policy of building up foreign exchange reserves and intervening in the currency market to smoothen volatility may…