Thursday, July 17, 2014

A year after currency crisis

.................Since the rupee hit its nadir on August 28, 2013, (68.85 against the $), becoming the worst performing Asian currency, its fortunes have changed after RBI Governor Raghuram Rajan announced steps to attract inflows on his first day in office (September 4). A look at how changing macroeconomic fundamentals helped the rupee gain strength....

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