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To stem rupee’s slide, India should first fix its fragile domestic economy
The depreciation of the rupee stems from stagnating wages and slowing consumption growth, problems that predate the West Asia crisis.
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To stem rupee’s slide, India should first fix its fragile domestic economy
The depreciation of the rupee stems from stagnating wages and slowing consumption growth, problems that predate the West Asia crisis.
- ·
thehindubusinessline.com
Goldman sees rupee weakness capped after steps to boost inflows
Goldman predicts capped rupee weakness after new measures to enhance foreign inflows, adjusting dollar/rupee forecasts accordingly.