Azka Sarosh Mir

Content by Azka Sarosh Mir
  • Blog post

    Forced devaluation of rupee: a recipe for disaster

    There is broad agreement that the rupee is overvalued, with estimates of overvaluation ranging from 20-40 per cent. There are, however, two opposing views on how to deal with the problem: One, devaluation and two, administrative measures, i.e., export subsidies and regulatory duties on imports. The argument of the anti-devaluation group is that devaluation has never...

    10 Nov 2017 | Naved Hamid, Azka Sarosh Mir