Global capital markets likely to remain volatile: Sebi chairman
Updated : December 21, 2018 12:02 PM IST
Indian currency depreciation was also in sync with global trend, Ajay Tyagi said.
Indian Rupee depreciated about 10.4 per cent, against US Dollar. Chinese currency was down 9.9 per cent, Euro 9 per cent, UK currency was lower by 11.7 per cent while Brazil saw slump by 18 per cent.
The volatility in major developed and emerging markets such as the UK was 12 per cent), US at 16 per cent, China at 19 per cent, Japan at 17 per cent, South Korea at 14 per cent), Hong Kong at 19 per cent and Brazil 21 per cent, he said.