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INR Depreciation

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Economic view

Currency depreciation is seen as a taboo and an indicator to depreciating economy (more likely ego).

INR depreciates 3.86% YTD on global woes.

Imposed  sanctions

USD/RUB and Crude Price: Aug 22 2014 Y-o-Y till 2015

Capital fled the economy.

~89%

$ 75 bn

Depreciation in USD/RUB (Russian Currency)

~76%

Fall in Crude Prices (Its Main export)

Blue Blistering Barnacles!!

RUSSIA

US, EU, AU

Meanwhile, in other parts of the world

Bombing Ukraine #ThugLife

GREECE

Good Lord! Just saved from making a EU exit!

#1

Developed country to default on IMF Loan

177%

Debt to GDP

Banks Went Dry

>50% Youth Unemployed. and Strict Austerity Measures

References

BBC Yahoo Finance World Bank Investing.com Memegenrator

High USD/INR Advantages

Increased Exports revenue

Pharma, IT sector highly benefitted

More value proposition for Foreign Investors

Intl. Cost Competitiveness

Curb luxury imports

BY: BISHAL SENGUPTA

Follow me at: bishalbanksonfinance.wordpress.com

@BishalSengupta

#godigiwithdrgaur

Bishal Sengupta