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Columns » Jayati Ghosh
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Rupee concerns
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Mohammed Yousuf The Indian rupee has in the recent past depreciated faster than the currencies of most other emerging markets, and is the worst performer among major Asian currencies.

The sharp decline in the rupee is not because of global forces or U.S. policy, but the result of economic mismanagement, and the inflationary impact of the fall is being felt the most in the domestic prices of oil.


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Comments:


this article clearly describes the after-effects of devaluation of Rupee but didn't explain what are the immediate measures govt has to exercise to control it. Any way the article provides quality information on the deprication of the rupee.
from:  KISHORE SAKE
Posted on: Jul 4, 2013 at 21:11 IST
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