1 publication

• Published Subscription 5 Mar 2024

  Inflation Anchoring in India

  By Dr. Punam Devi, Dr. Anand Dahiya, Anand Dahiya, Annu Dalal

  Abstract: Monetary targeting provides a nominal anchor to the economic system. Countries initially used currency pegs as a nominal anchor but faced limitations due to a loss of monetary policy flexibility. Transitioning to flexible exchange rates provided autonomy but required a new anchor. Monetary targeting, linking the money supply to inflation, followed but proved challenging due to changing financial dynamics. As a response, many nations, especially those with flexible rates, embraced …

  Published in NOLEGEIN Journal of Financial Planning And Management · Vol. 7, Issue 1, 2024 · pp. 104–110 Read article →