Rupee Reality Can be Best Understood from a Global Context
#
19th Oct, 2018
- 1663 Views
NDNC disclaimer: By submitting your contact details or responding to Bajaj Allianz Life Insurance Company Limited., with an SMS or Missed Call, you authorise Bajaj Allianz Life Insurance Company Limited and/or its authorized Service Providers to verify the above information and/or contact you to assist you with the purchase and/or servicing
The rupee has been the topic of much debate this year, as it has been slipping to new lifetime lows every second day. However, what also needs to be seen in context is that this depreciation has happened amidst global strength in the US dollar and risk aversion in global emerging markets. This has resulted in large foreign outflows across most emerging economies coupled with a steep depreciation in emerging market currencies.
A sharp depreciation in currencies of crisis-laden countries ..
Source : The Economic Times – Market Moguls
Enter your email address to subscribe to this blog and receive notifications of new posts by email.
Facebook
Twitter
pintrest
instagram
Whatsapp
Linkedin
More