OPINION | Govt’s Move to Take Foreign Loan Unwise, May Come at a Dangerous Cost

If the government borrows in foreign currency, then in order to spend it domestically it will have to get the same converted into rupee from the Reserve Bank of India. This is bound to increase risk of inflation in the country.

from Top Business News- News18.com https://ift.tt/2xYflJ3
via IFTTT