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A tough road ahead for India's battered rupee: Reuters poll

Updated : November 01, 2018 09:58:48 IST

Investors have generally shunned emerging-market assets this year, made riskier by the international trade tensions and the increasing attractiveness of dollar yields thanks to the US Federal Reserve's steady pace of rate increases.
That, and a widening current account deficit due to higher global crude oil prices and capital outflows, has pushed the rupee down almost 16 percent this year, regularly setting all-time lows. It's one of the worst performing Asian currency this year.
A tough road ahead for India's battered rupee: Reuters poll
Published : November 01, 2018 09:58 AM IST

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