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MUMBAI: Reserve Bank of India's Deputy Governor, Poonam Gupta, has responded to recent International Monetary Fund (IMF) comments questioning the quality of India's growth data and classifying the Indian rupee's exchange rate regime as a "crawling peg" within a managed float system.On the concern regarding data quality, Gupta said that the IMF's critique is more procedural than substantive. "The point that they're making on what is perceived to be the quality of our statistics is a very limited ...Read More >
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