{"title":"卢比可兑换性的动态","authors":"VK Xavier","doi":"10.12725/ujbm.6.5","DOIUrl":null,"url":null,"abstract":"Full convertibility of Indian Rupee involves many complex issues. The approach of Reserve Bank of India in this regard has been cautious. Risks associated with volatile inflow of foreign fund justify the precautionary approach followed so far. CapitalAccount Convertibility will promote greater financial efficiency, specialisation and innovation by exposing the domestic financial sector to global competition.","PeriodicalId":398667,"journal":{"name":"Ushus Journal of Business Management","volume":"13 4","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2005-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Dynamics of Rupee Convertibility\",\"authors\":\"VK Xavier\",\"doi\":\"10.12725/ujbm.6.5\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Full convertibility of Indian Rupee involves many complex issues. The approach of Reserve Bank of India in this regard has been cautious. Risks associated with volatile inflow of foreign fund justify the precautionary approach followed so far. CapitalAccount Convertibility will promote greater financial efficiency, specialisation and innovation by exposing the domestic financial sector to global competition.\",\"PeriodicalId\":398667,\"journal\":{\"name\":\"Ushus Journal of Business Management\",\"volume\":\"13 4\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2005-06-10\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Ushus Journal of Business Management\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.12725/ujbm.6.5\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Ushus Journal of Business Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.12725/ujbm.6.5","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Full convertibility of Indian Rupee involves many complex issues. The approach of Reserve Bank of India in this regard has been cautious. Risks associated with volatile inflow of foreign fund justify the precautionary approach followed so far. CapitalAccount Convertibility will promote greater financial efficiency, specialisation and innovation by exposing the domestic financial sector to global competition.