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

A+| A| A-

BIHAR-Centre against Bihar

dollar-mark rate surged to a new nine- month high. Only heavy central bank selling checked the rapid rise of the currency. The dollar's recent behaviour seems to have belittled the role of exchange rate as an asset market stock price, The currency's strength is said to have been based on the optimism permeating the exchange market that the US economy is experiencing a very shallow recession and that with the BIHAR Centre against Bihar Indu Bharti There has been a continuing traffic of Central ministers, including the prime minister himself, to Bihar with the explicit purpose of manoeuvring the ouster of the State government.

Dear reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top