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

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Fundamental Distortions Persist

EPW Research Foundation Fundamental Distortions Persist Recent RBI policy measures, suggesting a reversal of the liberalisation path, are a welcome attempt to curb speculation in the domestic foreign exchange market But they have failed to address the fundamental distortions that have been created in the financial system.

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