02 Jul 2018

The Times of India | Economic Times | India Today | NDTV | BUSINESSWORLD

"The Rupee has been one of the worst performing currencies among peers... Against the US dollar, it has depreciated by 6.6 per cent in calendar year 2018 and 8 per cent year to date. Adding to our concern is the increasingly hawkish Federal Reserve, which has now initiated a reversal of the Quantitative Easing (QE) - marking an end to global easy money," Karan Mehrishi, Lead Economist at Acuité Ratings & Research, said.