• SENSEX
    NIFTY 50
Economy

Rupee and Inflation Targeting: A disconnect and a debate

Updated : October 08, 2018 06:29 AM IST

To reiterate its commitment, the RBI has changed its stance from “neutral” to “calibrated tightening”.
Would it have been better for the RBI to pursue its inflation targeting mandate but communicate it to the markets in a less purist and deliberately more vague fashion?
Or is it better if the RBI, despite its inflation targeting mandate, accepts financial stability as its core responsibility, simply because it is the only one with the understanding, the tools and the power?
Rupee and Inflation Targeting: A disconnect and a debate
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV