Author: Abhishek

Foreign Exchange Crisis India: 1991

Foreign Exchange Crisis India: 1991 – Abhishek As 1980s was coming to an end, Indian economy stood facing a Balance of Payments (BoP) crisis, which was caused due to unsustainable and ill defined borrowing and high expenditure stats and strategies. Current Account Deficit (3.5 percent) in 1990-91 astoundingly broke Indian Economy spine and got the […]

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