Wednesday, July 10, 2013

It’s time to pull out all the stops

.......Having crossed 61 to a dollar, the debate now is veering around the next psychological barrier — a scary 65. More than the number, it’s the rupee’s sharp and unhindered slide that is causing unease. If the country’s top economy and currency administrators have gone into a huddle in recent days, it is only symptomatic of the anxiety gripping India’s macroeconomic managers...............

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