What’s up with the rupee?

IT’S happening a lot faster than anyone seems to have anticipated. The wheels are coming off the growth boom (if we can call it that) under the weight of the imbalances it has spawned, specifically the external deficits, even as the latest data shows the pace of activity in large-scale manufacturing is struggling to keep pace and may have hit a plateau. Some industries have … Continue reading What’s up with the rupee?