ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Managing Durgapur-Experiences of a Trade Unionist

January 15, 1977 stable currency during this period. There is thus a strong case for adopting the US dollar as an intervention currency instead of the pound sterling. This decision should really have been taken when the rupee was pegged to a basket of currencies on September 25, 1975.

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