RBI’s ‘bazooka’ sees rupee rising 1.4% versus dollar in two days, but should central bank let it fall?
A currency is said to be undervalued when it is weaker than what experts believe is its fair value. Where is the rupee headed? The Indian currency has been in a free fall for several quarters now. At one time its one-year forward even breached the 100 mark prompting experts and economists to wonder if … Read more