India, the world’s sixth biggest economy, feels heat from EM investor exodus

The central bank has been battling to slow the currency’s decline, and runaway rupee depreciation will worsen price pressures, and may spur more rate hikes that weigh on growth.

India, the world’s sixth biggest economy, feels heat from EM investor exodus
The central bank has been battling to slow the currency’s decline, and runaway rupee depreciation will worsen price pressures, and may spur more rate hikes that weigh on growth.