October 15, 2018
Can India Dollarise the Diaspora Bond?
India, like other countries, must shape up or slip into contagion and crisis.
October 08, 2018
Is the rupee undervalued or is it overvalued?
The Indian currency appears fairly valued if one looks at price levels on the one hand and average purchasing power parity income levels on the other
September 03, 2018
Repetitive Rhetoric and Raging Rupee
The journey from systemic somnolence to stated “concern” to panic depends on the velocity of volatility and the momentum of events.
June 20, 2018
Demonetisation failed to make India a ‘less cash’ society
The ratio of currency in circulation as share of broad money is back at pre-demonetisation levels, according to Reserve Bank of India data
November 22, 2016
Cash Crisis: Who to Blame Can Wait, What Must Be Done Cannot!
Offering real time solutions for mitigating the problem needs an examination of the anatomy of the cash crisis to recognise the magnitude of the supply-demand gap
November 21, 2016
The Case for Sound Money
Over the course of history, trust in fiat currency has most often been weakened by erratic and high inflation, and shattered after episodes of hyperinflation.
November 14, 2016
War on Black Money or Peace with Magenta Money?
Praveen Chakravarty, Visiting Senior Fellow at IDFC Institute explains why introduction of Rs 2,000 rupee note, goes against the very grain of demonetisation of high value currency to prevent black money. ...
December 21, 2015
Why RBI is Watching Currency Derivatives
Visiting Fellow Praveen Chakravarty explains why the RBI is watching the currency derivatives market, in this article in the Hindu Business Line. He is reminded of a recent lunch conversation with Larry Summers, Treasury Secretary of the US, during B...