Should The MPC Weigh A Rate Hike To Defend The Rupee?
Urjit Patel, governor of the Reserve Bank of India (Photographer: Dhiraj Singh/Bloomberg)

Should The MPC Weigh A Rate Hike To Defend The Rupee?

India’s monetary policy committee has been moving closer to a rate hike. At the last meeting in April, one of its six members voted for a rate hike; a second indicated that he will vote for a tight...
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