by Summary:
Central bank monetizing the debt. More worries about "MMT." The rupee is now at over 200 to the US dollar from around 182 at the beginning of 2020.The implication is that this policy is negatively affecting the exchange rate, importing inflation. But it is difficult to established causality in exchange rate behavior with respect to specific factors. There are many factors involved.EconomyNext (Sri Lanka)Sri Lanka fails to sell 74-pct of Treasury bills at auction amid BOP deficits
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Mike Norman considers the following as important:
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Central bank monetizing the debt. More worries about "MMT." Central bank monetizing the debt. More worries about "MMT." The rupee is now at over 200 to the US dollar from around 182 at the beginning of 2020.The implication is that this policy is negatively affecting the exchange rate, importing inflation. But it is difficult to established causality in exchange rate behavior with respect to specific factors. There are many factors involved.EconomyNext (Sri Lanka)Sri Lanka fails to sell 74-pct of Treasury bills at auction amid BOP deficits
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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The rupee is now at over 200 to the US dollar from around 182 at the beginning of 2020.
The implication is that this policy is negatively affecting the exchange rate, importing inflation. But it is difficult to established causality in exchange rate behavior with respect to specific factors. There are many factors involved.
EconomyNext (Sri Lanka)