March 2020 saw shocking devaluation of EM currencies. But sudden appreciation due to vaccine optimism may not be welcome either.

March 2020 saw shocking devaluation of EM currencies. But sudden appreciation due to vaccine optimism may not be welcome either. @RobinBrooksIIF highlights intervention by India to hold rupee down. I want to read more on this! Who has more? twitter.com/RobinBrooksIIF…

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