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Implications of a depreciating rupee

All Things Policy

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The Central Pank Is One Player in the Arket

Arb is one player in the arket. If it tries to stop the rupe depreciating then it is literally going against the entire market, right? And now you have to think whether it dots a clever move. It's not yor help it can only temporarily put a the sing. But yo, know, if sooner or later, the market always wins ive no centry bank can fight the market and win. So it's a futile attempt. You're better of not doing any of this. You'rebetter of not spending for exchanges.

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