http://www.moneycontrol.com/news/cnbc-tv18-analyst-rupee/eco...The Indian central bank has ordered exporters to sell half their foreign currency holdings and buy rupees in order to help shore up the currency. This is another interesting ploy by Indian financial regulators to combat the country's political paralysis.While Ben Bernanke has critics claiming he thinks the central bank is all powerful, even he has admitted (repeatedly) politicians have to get their end in shape if an economy is to avert disaster.We'll see how long it takes for India to learn this lesson.
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