Wednesday, July 27, 2022

Pakistan and Bangladesh are running to the IMF, but what is keeping India away?

Even after depleting 11% of its foreign-currency arsenal, the Reserve Bank of India has only managed to keep the rupee near an all-time-low of about 80 to the dollar. Should New Delhi start filling up an IMF loan application? Not so fast.

from Economy-News-Economic Times https://ift.tt/6eXd2v9
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