Are elections bad for the rupee?

In a short post over at the Economist’s Banyan blog, I try to evaluate the relationship between the rupee and India’s electoral cycle.

A prayer for a daughter

I stumbled on this today on Facebook, and it has to be one of the sweetest things I’ve read in a while. Tina Fey’s prayer for her daughter begins thus… First, Lord: No tattoos. May neither Chinese symbol for truth nor Winnie-the-Pooh holding the FSU logo stain her tender haunches….

A rupee reading list

Ajay Shah, one of my favourite writers on the subject of the Indian economy, has a column in the Economics Times this week on why the Ministry of Finance needs to be reformed. His blog post on the subject was a lot more trenchant and expansive, but sadly has since…

A Sisyphean Task

At the time of writing this post the Indian rupee has lost 17% of its value against the US dollar since early May, while the Nifty has dropped by around 14%. The RBI and the government have undertaken a series of mostly short-term measures to curb the rupee’s fall, from…