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While the rupee has depreciated in seven of the past 10 years, most of the decline was in a calibrated manner.(HT image)

Carry bets may go awry as rupee becomes Asia’s worst performer

Bloomberg | By Anurag Joshi
PUBLISHED ON AUG 14, 2019 01:04 PM IST
The surge in inbound investments into rupee bonds was largely driven by carry trades, adding to fears of a quick reversal in flows if the drop in rupee is not checked.
Between a dollar-denominated loan and a rupee one, the difference is in who holds the risk of rupee depreciation(REUTERS)
Between a dollar-denominated loan and a rupee one, the difference is in who holds the risk of rupee depreciation(REUTERS)

Foreign borrowing carries risks, but can be managed |Opinion

Hindustan Times | By Ila Patnaik
PUBLISHED ON AUG 02, 2019 07:00 PM IST
To do so, the government and RBI must stick to the FRBM Act and inflation-targeting frameworks
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