September 21, 2026
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Indian rupee turmoil reminds investors of 2013 ‘fragile-five’ crisis (Soban News)

The seeds of the Fragile-Five debacle were sown by the Reserve Bank of India buckling under political pressure and cutting rates in 2012 amid soaring fiscal deficits and untamed inflation​The seeds of the Fragile-Five debacle were sown by the Reserve Bank of India buckling under political pressure and cutting rates in 2012 amid soaring fiscal deficits and untamed inflation ​Latest News [ SOBAN NEWS: International and National ]

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