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Rupee’s downturn: A result of persistent global risk aversion or just a false alarm?Rupee’s downturn: A result of persistent global risk aversion or just a false alarm?

By Amit Pabari Amid the rise in global risk aversion, the Rupee experienced a wild swing from Rs 81.70 to Rs 82.70 within weeks’ time due to the increase. Well, sudden depreciation in the local currency would have kept markets wondering if it is temporary or not. Well before that, let’s understand what led to […]