INDIA
Reports suggest that RBI might sell the foreign reserves to increase the demand of rupee in the market. However, the fall of the rupee is not as bad as we think. The inflation rate in India is low as compared to other countries and the performance of the rupee is better against Dollar in comparison to other currencies.
Reports suggest that RBI might sell the foreign reserves to increase the demand of rupee in the market. However, the fall of the rupee is not as bad as we think. The inflation rate in India is low as compared to other countries and the performance of the rupee is better against Dollar in comparison to other currencies.