abhishekecon.bsky.social
@abhishekecon.bsky.social
3️⃣ Monetary Policy Strain: Focusing on rupee stability undermines monetary policy effectiveness.

Our Suggestion: Let the rupee find its level. This could boost competitiveness, ease liquidity, and support growth amidst current challenges
December 17, 2024 at 8:51 AM
1️⃣ Massive Interventions: The RBI's recent efforts to stabilize the rupee through spot and forward market interventions have been significant, but at what cost?
2️⃣ Liquidity Crunch: These actions have inadvertently tightened liquidity in the economy at a time when growth is already under strain.
December 17, 2024 at 8:51 AM