RBI Should Be Sole Judge Of Adequacy Of Reserves, Says  Indira Rajaraman
Indian rupee coins are arranged for a photograph in Mumbai, India. (Photographer: Adeel Halim/Bloomberg)

RBI Should Be Sole Judge Of Adequacy Of Reserves, Says Indira Rajaraman

The central bank, which, among other functions, acts as the lender of the last resort, should be the sole judge of the amount of reserves that it sees as appropriate, said noted economist Indira Ra...
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