ndia s economy:Thefightback
印度经济:反攻
Undercurrents of optimism about reform, andsome fighting talk, in India;
在印度经济改革势头良好、但仍存靡靡质疑之声的背后;
After a storm-tossed six months for the economy,India s authorities are trying to get things back onan even keel. On June 25th the Reserve Bank ofIndia announced measures to try to stabilisethe rupee. It has lost a fifth of its value against thedollar in the past year , reflecting global woes but also a slowdown in India and adrying up of capital inflows. Its decline is widely seen in India as a bad thing, stokinginflation and hurting firms with foreign-currency debt.
在国内经济度过了近六个月的风雨飘摇之后,印度政府开始着力如何将经济局势趋于稳定。6月25日,印度储备银行宣布了一系列措施,意图稳定卢比汇率。在过去的一年中,卢比对美元的汇率下挫近百分之二十,不仅反映出了全球经济之殇,还体现了印度本国经济增速放缓,进口资金枯竭的问题。这种下滑对印度来说普遍被视为不利因素,不仅通胀率随之节节攀升,对于举有外债的公司来说负担也更为沉重。
India has long shied away from letting fickle foreigners buy government bonds, but the RBIthis week loosened the rules to tempt in sovereign-wealth funds and other long-terminvestors. It also slightly eased restrictions on Indian manufacturing and infrastructure firmsseeking funds abroad.
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