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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01379385: Patel and Forced (DS10)

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An excerpt from an economic or policy document discussing the Indian rupee's devaluation in 1991 and the Reserve Bank of India's (RBI) shift to consumer price inflation targeting in 2014 following the Urijit Patel Committee Report. The document addresses currency exchange rate policy and monetary policy changes with no connection to Epstein.

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Excerpt 1
Its anchor was switched to USD/INR exchange rate a trade-weighted FX basket, but the central bank (RBI) 70 was **forced** to devalue the rupee in 1991 and
Excerpt 2
However, 35 following the recommendation of the Urijit **Patel** 30 Committee Report, RBI shifted to a consumer price 25 inflation targeting approach in 2014

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