India needs foreign exchange reserves buffer to tackle exchange rate volatility: Raghuram Rajan

Raghuram Rajan said that during the taper tantrum in 2013, India asked for swap lines and the only country who helped us was Japan.

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/india-needs-foreign-exchange-reserves-buffer-to-tackle-exchange-rate-volatility-raghuram-rajan_15289201.html
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