After last week’s disappointing summit of the Group of 20 leading economies, a full- blown currency war may look unavoidable. But consider India. At a time when more and more nations are resorting to capital controls and currency intervention, India shows there is another way.
上週令人失望的20國集團(G20)峯會之後,一場全面的匯率戰爭看上去似乎不可避免。但想想印度吧。在越來越多的國家採取資本管制和匯市干預之際,印度表明,還可以採取另一種方式。
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