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

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Reserve Bank Support for Exchange Parity-A Case for Reconsidering Present Arrangements

A Case for Reconsidering Present Arrangements S Kumarasundaram In exercise of one of its principal functions, the Reserve Bank of India has since its inception been offering a system of support for the Indian exchange rate. It is this day to day support which ensures orderly conditions in the Indian exchange market and permits satisfactory conduct of the country's international transactions.

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