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TODAY'S COLUMNIST | | The dragon snorts dollars |  | | But the new manager of China’s trillion dollar foreign exchange reserves is buying not just treasury bills, but commodity futures in oil, copper, zinc and what have you. 15.05.07 | |  |
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| | |  | Responsive rather than reserved | | | There needs to be some restriction on the use of ECBs to finance rupee assets—otherwise, the effectiveness of the monetary policy framework will be undermined. 01.05.07 | | |  | Suggestions for managing growth | | | If we manage to maintain growth with monetary and price stability, consolidating past gains on fiscal and financial strength, we will come out greatly stronger - both in absolute and in relative terms 16.04.07 | | |  | Getting our act together | | | The inflationary overhang into the next fiscal is considerable and risks from oil prices and adverse weather effects on harvests are significant. 02.04.07 | | |  | Change happens with blinding speed | | | The unsettling presence, that has caused all those butterflies in the billion dollar stomachs, is of course, the matter of the price of risk. 19.03.07 | | | | | |
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