Different Strokes: India Versus Indonesia
This week, as both India and Indonesia celebrate their independence day, we are stuck by how similar drivers in these economies are and despite the...
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Hint of Stagflation Highlights RBI Policy Error, but Exports Are an Island of Strength
India's money supply (M3) decelerated to just 9.8% YoY growth in June -- too slow for an economy that is seeing 7.7% real GDP growth and has an...
454 Views
Plunging Rupee - Troubles Times Ahead For India
The Indian rupee is taking a beating. Since January the currency has depreciated by 7.4% against the US dollar. The Indonesian rupiah, also under...
193 Views
India Monetary Policy – Has EM Turbulence Spooked the RBI?
This month the Reserve Bank of India joined the growing club of emerging market central bankers forced to raise policy interest rates to head off...
72 Views
RBI Raises Rates, but Will Likely Look Foolish when Inflation Moderates
The main impact of today's policy rate hike will be to bolster the rupee, and dampen the impact of fuel prices on headline inflation in June-July...
187 Views