USD/INR is now above 83.0, a lifetime high. Economists at ANZ Bank analyze the Reserve Bank of India’s (RBI) perspective on the role of exchange rate.
RBI’s evolving FX policy is supporting growth and stabilising inflation
Alongside building its FX reserves, the RBI’s evolving FX policy – to keep the Rupee stable and competitive – is supporting growth and stabilising inflation in the face of volatile global economic environment.
However, even as the RBI is championing the use of the Rupee as a policy tool, its approach may need to shift as the economic environment changes. If its intervention distorts FX markets, they may paradoxically become vulnerable to future shocks.
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
暂无评论。 来发表第一条观点吧。