WEAK INDIAN RUPEE – ISSUES AND CHALLENGES
Journal Title: Elysium Journal of Engineering Research and Management - Year 2015, Vol 2, Issue 1
Abstract
Investors usually won’t spend much time on studying the currency movement. Many skipped the news of the Indian rupee hitting as low of against the dollar, even though it would hurt the economy and it also increase the inflation. Rupees did not get as much priority as Sensex/Nifty even in business journal/television. Investor genuinely doesn’t understand the currency market to make sense of such news. Market expert attributed the weakness in rupees will slow down the domestic growth leading to weak stock market, widening trade gap, and political log-jam in attracting long term capital flow. In this context this paper attempts to highlights the major issues, challenges and its possible impact on the economic growth.
Authors and Affiliations
Poongavanam S
Keywords
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