FOR the most part of this year, betting against the rupee has been a fool’s errand. Traders are now contemplating one key question: why is the Reserve Bank of India (RBI) steadfastly defending the currency?
FOR the most part of this year, betting against the rupee has been a fool’s errand. Traders are now contemplating one key question: why is the Reserve Bank of India (RBI) steadfastly defending the currency?