RBI’s rupee dilemma
The RBI and its governor, Urjit Patel, are trying to manage a steadily depreciating currency, rising prices, global trade wars, and a flight of capital. But there are obstacles ahead.
The RBI and its governor, Urjit Patel, are trying to manage a steadily depreciating currency, rising prices, global trade wars, and a flight of capital. But there are obstacles ahead.
However, the central bank maintained a neutral policy stance as it seeks to rein in inflation and boost the weak rupee.