Tag Archives: India
Rupee Falls to Record Low Amid Yuan Devaluation, RBI Intervention Limits
The value of the Indian rupee dropped sharply to an unprecedented low of 83.7 against the US dollar but later slightly recovered to 83.5 towards the end of March. The downturn was set off after China made adjustments to its yuan valuation policy, which in turn stirred a widespread downtrend amongst Asian currencies. Traders noted […]
Understanding India’s Industrial Growth Dynamics
Industrial Growth in India Decelerated to 5.8% in September, Marking a Three-Month Low Compared to 10.3% in August In the realm of economic fluctuations, India stands as a significant player, showcasing its industrial prowess amidst a landscape shaped by various factors. Recent statistical revelations have illuminated the nuances of the country’s industrial growth, marking a […]