由于印度卢比对美元汇率自从三月份已经急升10%，达到了九年来的新高，货币环境因而进一步收紧。
And monetary conditions have been further squeezed by the Indian rupee, which has surged by 10% against the dollar since March (see chart) to a nine-year high.
口头干预美元兑欧元汇率是受欢迎的，但目前也到了口头干预印度卢比和人民币汇率的时候。
Verbal intervention on the dollar and euro is welcome - but it is time for verbal intervention on the rupee and renminbi as well.
印度的卢比几乎可自由流通，且不盯住美元，这一点的确与中国的人民币不同。
True, India's currency, unlike China's, floats almost freely and isn't pegged to the dollar.
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