Shumita Sharma Deveshwar

Director of India Research
+44 203 006 3102

How can we help?

To learn more about our services get in touch on +44 20 7246 7800 or sales@trustedsources.co.uk.

Recent India research

* India: Fiscal policy puts Modi at odds with RBI, Shumita Sharma Deveshwar, 12 Oct 2017
* India: Gujarat poll to test identity vs economics, Amitabh Dubey, 5 Oct 2017
* India In Charts: A disappointingly slow recovery ahead, Shumita Sharma Deveshwar, 21 Sep 2017
* India: RBI firm on inflation, despite growth risk, Shumita Sharma Deveshwar, 14 Sep 2017
* India: Modi risks losing control of jobs narrative, Amitabh Dubey, 8 Sep 2017

See all our India research >>

Market forces loosed on the rupee

Overview

The Indian central bank’s efforts to control inflation have been taking priority even over restraining rupee appreciation. This has led to one of the sharpest rallies in the currency in recent memory. Contrary to its undisguised disapproval of monetary tightening just one year ago, the government’s reaction to the near perpendicular climb of the rupee has been almost inaudible. It boils down to a simple political calculation: rising prices erode the ruling party’s vote bank, but...

* Access to this publication is restricted

Request access

If you would like to read this publication, please enter your name and email address below:

Alternatively please call us on +44 20 7183 5280, or email sales@trustedsources.co.uk.

Already registered?