Michael Patra explains how exchange rate regimes shape monetary policy independence and why global forces constrain domestic policy choices
Michael Debabrata Patra
October 15, 2026 at 4:28 AM IST
istock.com
The rupee’s decline is the mildest in decades. The bigger challenge is converting temporary inflows into lasting external stability.
Sameer Narang
June 15, 2026 at 4:55 AM IST
With the rupee trading like a caged bird and IMF reclassification looming, India faces a reckoning on what its exchange rate regime really is.
V Thiagarajan
November 26, 2025 at 3:22 AM IST