by Ajay Shah Original title was ‘The rupee: Frequently asked questions’ Ajay Shah’s blog, 01 December 2011 Q: How big is the market for the rupee? The rupee is now a big market. Summing across both spot and derivatives, perhaps $30 billion a day of onshore trading and $40 billion of offshore trading takes place. …
Tag Archives: rupee
Mythbusting: Current account deficit edition
Concern about India’s current account deficit is not recognizing the effects that exist now that the rupee is truly a floating currency.
Currency Manipulation by Asian Central Banks
India has been surprisingly absent from the currency “manipulation wars” in the past year.