One of the most controversial features of the Modi government's latest budget is the announcement that it would borrow in foreign currencies, such as U.S. dollar or Japanese yen, as well as the Indian rupee.

Selling debt in dollars and yen has few risks and great advantages
One of the most controversial features of the Modi government's latest budget is the announcement that it would borrow in foreign currencies, such as U.S. dollar or Japanese yen, as well as the Indian rupee.
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