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Normale Ansicht

Why a Weak Rupee Is About More Than the Oil Shock

27. Mai 2026 um 07:10
A country whose economy is growing faster than those of its peers would typically see its currency strengthen. India’s growth has outstripped even that of manufacturing powerhouse China, yet the rupee has fallen in value every year since 2018.

Bundles of rupee banknotes in New Delhi. Photographer: Prakash Singh/Bloomberg
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