03.07.2013 - Short & long-term factors that impact currencies across the world
Financial globalisation means that all markets have an impact on each other - quities, currencies bonds or commodities. Hence, currency movement not only depends on the economic scenario of a country, but also on the overall macro-economic environment. Rupee's recent depreciation is an example as its movement is largely driven by global factors, which may not be under the control of the Indian central banker.....................................Full Article: Source
Print