Movements in the Indian rupee - which hit a fresh low of 85.9/$ his week - appear to have been bigger under the new RBI Governor Sanjay Malhotra than they were under his predecessor, raising the question of whether the central bank has subtly shifted if its FX strategy to a more market-driven approach under the new management. It's too early to tell yet, but if that is the case it would mean the rupee depreciates by more than we currently expect over the coming months.
We’ll be discussing the implications of a Trump presidency for Asia in a Drop-In on Tuesday, 14th January at 08:00 GMT/16:00 SGT. Click here to register for the 20-minute online briefing.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services