Publication
10 Dec 2008
This brief looks at the reasons behind the fall of the Indian rupee (INR) followed by an assessment of the economic implications of the currency depreciation on South Asia's largest economy. It also revisits the behavior of the Indian currency (for the period of 2006-2008) and contends that it is very likely that the INR fluctuations are here to stay, largely owing to the iron triangle of international finance.
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English (PDF, 5 pages, 79 KB) |
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Author | M Shahidul Islam |
Series | ISAS Briefs |
Issue | 90 |
Publisher | Institute of South Asian Studies (ISAS) |
Copyright | © 2008 Institute of South Asian Studies (ISAS) |