India is seeking to boost flows to support its currency that has declined more than 14 per cent against the dollar this year, Asia’s worst performer. The risk of a widening current-account deficit left the rupee vulnerable to the rout in emerging markets amid surging oil prices, trade tensions and rising US interest rates.
from Times of India https://ift.tt/2OMmh5S
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Wednesday 10 October 2018
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Government considering tapping NRIs to stem rupee fall
Government considering tapping NRIs to stem rupee fall
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