A country whose economy is growing faster than those of its peers would typically see its currency strengthen. India’s growth has outstripped even that of manufacturing powerhouse China, yet the rupee has fallen in value every year since 2018.
A country whose economy is growing faster than those of its peers would typically see its currency strengthen. India’s growth has outstripped even that of manufacturing powerhouse China, yet the rupee has fallen in value every year since 2018.
<iframe src="https://statesidedaily.com/embed/cluster/cee9a52ad5566dd4b5329a79d0138073060a0634" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Why a Weak Rupee Is About More Than the Oil Shock"></iframe>
