Controlling the risk: a case study of th
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Ephraim Clark; Geeta Lakshmi
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Article
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2003
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John Wiley and Sons
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English
⚖ 112 KB
## Abstract Over the period 1990–92, India experienced a foreign exchange crisis complicated by political turmoil that led to three rapid downgrades of its credit rating within the short space of a year. However, India did not default or reschedule its debt and with the help of foreign exchange loa