RBI’s Latest Decision Prepares Ground For Full Convertibility Of Rupee
By Subrata Majumder RBI decision to permit rupee convertible in export and import is a precursor to make rupee an international currency. Although the convertibility is limited to current account, RBI’s decision demonstrates India’s readiness to move forward for full convertibility. Essence of rupee convertibility is a challenge to the global economy by India’s strong […]
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