India’s Rupee Rescue Faces Test From Oil, Inflation and Outflows
India’s boldest effort in more than a decade to support the rupee may offer only temporary relief, with persistent currency weakness complicating the central bank’s task as inflation approaches the...
By Anup Roy · Bloomberg Markets
India’s boldest effort in more than a decade to support the rupee may offer only temporary relief, with persistent currency weakness complicating the central bank’s task as inflation approaches the top of its tolerance band.