The economy is structurally exposed to currency risk for no fault of its own by a global phenomenon—dollar dominance. The international macro-economic concept of 'original sin' coined by Barry Eichengreen and Ricardo Hausmann explains how this puts the curren… For the full story, visit the source.
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Rupee downslide: a macroeconomic ‘original sin' offers a structural explanation for it
The economy is structurally exposed to currency risk for no fault of its own by a global phenomenon—dollar dominance. The international macro-economic concept of 'original sin' coined by Barry Eichengreen and Ricardo Hausmann explains how this puts the curren…
By Tulsi Jayakumar· Livemint· 3 days ago· 2 min read
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