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Mint Quick Edit | It’s risky to rattle the currency market—a lesson in crisis response from 2013

Mint Quick Edit | It’s risky to rattle the currency market—a lesson in crisis response from 2013

Mint Quick Edit | It’s risky to rattle the currency market—a lesson in crisis response from 2013



Tighten capital controls in the rupee’s defence? Policymakers should pay attention to former RBI governor Subbarao’s cautionary note on market psychology drawn from the ‘taper tantrum’ shock of 2013.

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