Salt’s dismissal, right when he was in top gear, proved to be the turning point. RCB’s momentum evaporated, giving Delhi Capitals the window to claw their way back.
The currency dropped as much as 0.7% to 93.28 per dollar, after a public holiday Thursday. The central bank has been intervening to support the currency, with traders citing its presence Friday.
Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.
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