Mint Quick Edit | War reverberations from West Asia: Why RBI may need to heighten its rupee vigil
Today’s India is a far cry from 1991’s, when we were so dollar-starved that a Gulf war forced a reckoning on economic policy. Our kitty of foreign exchange is large. Yet, hostilities in West Asia, this time with Iran in the crosshairs of the US and Israel, have erupted at a particularly bad time for the Indian rupee.
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