Rupee should stabilise once U.S. reduces speed of its rate increases: Economics Nobel winner

[ad_1] Douglas W. Diamond, the winner of the 2022 Nobel Prize in economics. | Photo Credit: PTI Douglas W. Diamond, winner of this year’s Nobel Memorial Prize in Economic Sciences, says it is difficult to predict exchange rates but the rupee should stabilise once the U.S. “reduces the speed of its rate increases”. In an […]

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Explained | Why did bank bailout research get the Nobel?

[ad_1] How have the three economists’ insights improved the financial system’s ability to avoid serious crises and bank ‘runs’? Why is their work being rewarded now, almost four decades after it was published? What lessons has India learned from their analysis? How have the three economists’ insights improved the financial system’s ability to avoid serious […]

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