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

CORRUPTION-Example from Above

was determined by the premium the replenishment licences enjoyed in the market. The basic change effected in July 1991 to the exchange rate system was that the official rate underwent a drastic change consequent upon the rupee's devaluation, with the other exchange rate still determined by the premium the market placed on the Exim scrips.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

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