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Indian rupee becomes Asia’s worst performing currency, but there’s a silver lining to it


Indian rupee becomes Asia’s worst performing currency, but there’s a silver lining to it

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India's rupee drops to 89.6 against the dollar, marking a decline from 85.64 at the year's start. Stalled U.S. trade talks and foreign investor withdrawals are primary factors. The currency has become Asia's worst-performing this year.

Bearish

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India’s rupee has turned into Asia’s worst-performing currency this year. The culprit? Stalled trade talks with the U.S. and a steady stream of foreign investors pulling their money out. The currency is trading at 89.6 to the dollar right now. That’s a far cry from where it started the year at 85.64. And experts think […]
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