<b>A V Rajwade:</b> 'Manipulated' and 'managed' exchange rates

The two terms are not synonymous, something US President Donald Trump should keep in mind

After he came into public life, the “extra-curricular” activities of President Donald Trump often reminded me of another famous “Don”, namely Don Juan the philanderer. During the election campaign and after his swearing-in as president, Trump’s fulminations against other countries, the justice system, the media, etc are comparable to Don Quixote, Cervantes’ famous 17th century creation, who saw enemies everywhere, was famous for tilting at windmills, and set out to bring justice to the world. In Trump’s case it is a question of bringing justice not so much to the world as to the United States. To quote one recent