Monday 14 November 2016

The value of the Rupee: update as of October 2016

Rupee hits second highest level on real exhange rate basis since April 2004

RBI Watch                                                                                                    Rupee FX

The moderation in the rupee in real terms last financial year has seen a significant reversal seven months into this financial year. In FY16-17, the rupee has gained more than 3% in real terms and about 2%in nominal terms.









Please also read my April 25, 2014 blog titled "Is the Rupee fairly valued?", and my blog of April 21,2016.

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