For Asia’s Only Losing EM Currency, the Future Looks Even Bleaker
For Asia’s Only Losing EM Currency, the Future Looks Even Bleaker 3(Bloomberg) — India’s rupee is the only emerging Asian currency to weaken this quarter and its losses may gather pace as a report this week is forecast to show economic growth slid to a six-year low. The rupee, which has slumped almost 5% from this year’s high in July, is also under selling pressure due to escalating levels of public debt …
News story posted on 2019-11-25T03:10:00.0000000Z