Don’t Believe That Market Knows Best: AV Rajwade
  • Gaurav Sarkar
  • Aug 20 2013

August 20: AV Rajwade, Forex and Treasury Management Consultant, believes that there is no sin in the central bank trying to manage the domestic value of the currency and trying keep inflation low. He points out that the real weight of the rupee had been managed very well for the last 15 years and that during that time, deficit was under control, and economy was growing. The policy was changed four years back, for which the price is being paid now.