The Indian Currency Regime and its Consequences
Published By: NIPFP on eSS | Published Date: July, 10 , 2007Since 1993, India’s currency regime is said to be a managed float, a “market determined exchange rate” in the sense that there is a currency market and the exchange rate is not visibly administratively determined. Many countries that claim to float have a fear of floating. This suggests an investigation into the Indian rupee [NIPFP WP No. 49].
Author(s): Ila Patnaik | Posted on: Jul 10, 2007 | Views(2740) | Download (1088)