When fiscal dominance weakens central banks, the first casualty is often currency stability. The rupee’s path today echoes the struggles of the yen and yuan.
V Thiagarajan
September 26, 2025 at 6:56 AM IST
iStock/Pla2na
Forty years after the Plaza Accord tamed an overvalued dollar, can Washington still bend currencies to its will in a multipolar, fast-moving financial world?
R. Gurumurthy
September 22, 2025 at 1:44 PM IST
iStock.com
