Why action on rupee, oil won't be 'knee-jerk'

The rupee, equity markets and bond markets received a sentiment boost on Wednesday after reports of the government going for a 'planned review' of the economy by Prime Minister Narendra Modi this weekend emerged. The government and RBI may take a number of measures on lines of what they did in 2013, to fix the problem of a weakening rupee.

from Times of India https://ift.tt/2Mpg22E