TITLE

Let Your Money Free

AUTHOR(S)
Wehrfritz, George
PUB. DATE
April 2006
SOURCE
Newsweek (Atlantic Edition);4/3/2006 (Atlantic Edition), Vol. 147 Issue 14, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on Indian Prime Minister Manmohan Singh, who proposed full convertibility of the rupee in March 2006. Such a move would put Asia's second emerging giant on course to challenge big brother China in the vital area of export-led manufacturing. The downside is capital flight: Indians dissatisfied with local interest rates could simply shift wealth overseas.
ACCESSION #
20348248

 

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