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Rupee Plunge Sees India Turn to 2013 Taper Tantrum Playbook

India’s central bank may need to draw on its 2013 taper tantrum playbook and earlier balance-of-payments crises to mount an effective defense of the beleaguered rupee.

Rupee Plunge Sees India Turn to 2013 Taper Tantrum Playbook

India’s central bank may need to draw on its 2013 taper tantrum playbook and earlier balance-of-payments crises to mount an effective defense of the beleaguered rupee.

Macro Bloomberg May 22, 2026

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