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.
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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