1/2 Is the rupee really in free fall — or being carefully managed?

Markets panic. The IMF labels it a “crawl.”
But what’s actually happening behind the scenes?

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BasisPointInsight.com - Calm Hands Steer India Through Policy Storms by Kalyan Ram Dr. Michael Patra’s new book reveals the inner theatre of India’s central banking—from crisis firefighting to quiet reforms. by Kalyan Ram, BasisPointInsight.com

2/4 Over four decades at the Reserve Bank of India, he witnessed the institution’s transformation from a cloistered craft to a communicative public body, balancing science with judgment and stoicism with empathy.

#BasisPointInsight #CentralBanking #MonetaryPolicy #RBI #MichaelPatra #EconomicPolicy