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The rupee: the Cinderella of emerging market currencies?

Posted on 07 October 2013

The Indian rupee’s plummet to record lows recently prompted one fund manager to ask whether the currency is the Cinderella of its emerging market peers – or the ugly sister.
Some investors believe the worst of the currency turmoil is over after Raghuram Rajan, India’s new central bank governor, stepped in to calm the crisis by raising interest rates to 7.5 per cent last month………………………………………..Full Article: Source


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