For how long and to what extent can the pressure be resisted? Such a defence of the currency will also make it difficult for the RBI/MPC to respond to the domestic inflation/growth trajectory
Little more optimistic about India s economic growth than a few months ago, says eminent economist Jayanth R V yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
The Reserve Bank of India's Monetary Policy Committee (MPC) is widely expected to keep key rates on hold today. RBI Governor Shaktikanta Das will announce the decision of the MPC today