How the taper could hit the rupee

December 24, 2013 13:50

Now that the US Federal Reserve's dreaded taper has arrived, some in India are wondering whether the rupee is headed for new lows again. A recent paper by two economists provides some clues. Many emerging markets took a thumping this summer after the Fed first hinted it might scale back its monthly asset purchases. But India got it the worst. Read

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