IMF Official Says India Should Let Rupee Move Amid Oil Shock
IMF Asia and Pacific director Krishna Srinivasan said India should allow the dollar-rupee exchange rate to act as the first line of defence amid ongoing shocks.
India should let the dollar-rupee exchange rate adjust as its first line of defence against the ongoing oil shock, an IMF official said on Wednesday. Krishna Srinivasan, director of the Asia and Pac…