Catch-22 or …

…  Hobson’s choice With Rupee breaching the 61 mark against the Dollar, some financial analysts are thinking to address the CAD and imports at once. The question is how is this going to happen, if the Rupee slide is not arrested? Or even, if the rupee slide is not arrested, how is CAD going to be addressed? Two months down the line, Rupee might breach the 63 mark and stop there for a long time. To attain a stable currency, here is some food for thought: Let the Rupee come to an equilibrium point first; maybe it is the 63…