The Indian Currency Regime and its Consequences

Ila Patnaik

Working Papers from eSocialSciences

Abstract: Since 1993, India’s currency regime is said to be a managed float, a “market determined exchange rate†in the sense that there is a currency market and the exchange rate is not visibly administratively determined. Many countries that claim to float have a fear of floating. This suggests an investigation into the Indian rupee [NIPFP WP No. 49].

Keywords: India; currency regime; float; pegging; exchange rate; currency market (search for similar items in EconPapers)
Date: 2007-07
Note: Institutional Papers
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Citations: View citations in EconPapers (3)

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