Why the RBI can only watch while the rupee slides against the dollar
Vivek Kaul 7 min read 14 Apr 2021, 12:37 PM IST
- In the short-term, with the focus being on continuing to help the government borrow at low-interest rates, the RBI should be comfortable with the rupee losing value
Economists are a very reluctant lot when it comes to calling printing money money-printing. They like to give it other fancy names like quantitative easing, large scale asset purchases or balance sheet expansion, for that matter.