Foreign exchange reserves experienced rapid growth in relation to global liquidity and trade since the early 2000s, but have stabilised recently. Read more »
The emerging markets are left with no option but to match Fed rate hikes as they fight economic slowdown, currency depreciation against the dollar, and soaring inflation. Read more »
The RBI may not intervene aggressively to boost the weak rupee, but it may step in to reduce volatility. Read more »
The RBI and the finance ministry should take lessons from the gradual opening of capital accounts and weather the pressure to legalise cryptocurrency. Read more »