The RBI has allowed a gradual depreciation rather than defending a specific level, intervening primarily to smooth volatility. Meanwhile, the rupee's real effective exchange rate (REER) has fallen ...
xv, 291 pages : 23 cmxv, 291 pages : 23 cm "The reader needs only basic physics and calculus, but a few mathematical topics are included in sufficient detail to bring the reader up to speed with ...
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