Why the Rupee Is Weak Despite Fast Economic Growth
Bloomberg looks at why the Indian rupee has been weak even though the economy is growing quickly. The piece explains the gap between economic growth and the value of the currency.
पार्श्वभूमी
The rupee's value against the dollar affects the cost of imports such as oil and electronics, and of foreign travel. Currency moves depend on trade flows, foreign investment and interest rates, not growth alone.
बर्निंग पोटॅटो स्कोअर: 26%