The rupee appreciated 15 paise to settle at 82.16 (provisional) against the US dollar on Tuesday, tracking a weak American currency in the overseas market. At the interbank foreign exchange market, the local unit opened at 82.20 against the American currency and finally closed at 82.16 (provisional) against the greenback, registering a gain of 15 […]
By Amol Agrawal Monetary policy is understood as an economic tool that adjusts money supply and interest rates of a nation to achieve macroeconomic stability in a country. Needless to say, money is central to monetary policy. However, over the last 30 years, it has been marginalised in the formulation of monetary policy. Now, due […]
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