Indian Rupee stable while Chinese Yuan is falling: A feather in Modi government’s cap to keep currency stable in pre-election year
As India’s Prime Minister Narendra Damodardas Modi looks to secure a third term in 2024, most would agree that his strongest suits have been infrastructure push and last-mile delivery of welfare schemes. Now, PM Modi’s Bharatiya Janata Party (BJP) can add exchange rate management to the list. The Indian rupee (INR, ₹) held steady … Read more