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Indian Plan to Freely Float the Rupee

September 3rd, 2006 Pankaj Leave a comment Go to comments

The SS Tarapore committee on fuller capital account convertibility has recommended loosening of controls on capital flows in three phases, over a five-year period ending 2010-11.

India nears free float of rupee

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  • If India can actually execute this plan the country is going to be a main player in the international economy. Get ready for some Indian cars in America!
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