{"id":10757,"date":"2013-09-03T05:38:57","date_gmt":"2013-09-03T03:38:57","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=10757"},"modified":"2013-09-03T05:38:57","modified_gmt":"2013-09-03T03:38:57","slug":"where-is-the-rupee-going","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/where-is-the-rupee-going\/","title":{"rendered":"Where is the Rupee Going?"},"content":{"rendered":"

If the rupee still looks vulnerable, India has three options, none very palatable. One is to\u00a0let the currency fall further. In most countries a cheaper currency would boost exports and help close the current-account deficit. But India\u2019s manufacturing industry is too small\u00a0and too bound in red tape to ramp up quickly. So a turn-around in the balance of\u00a0payments may take time during which investors could panic. Meanwhile the weaker\u00a0currency may destabilise the domestic economy by adding to inflation and increasing thegovernment\u2019s subsidies on fuel and thus its borrowing. \u00a0Where is the Rupee Going<\/a><\/strong><\/p>\n

\"Rupee\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

If the rupee still looks vulnerable, India has three options, none very palatable. One is to\u00a0let the currency fall further. In most countries a cheaper currency would boost exports and help close the current-account deficit. But India\u2019s manufacturing industry is … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[13,21],"tags":[],"class_list":["post-10757","post","type-post","status-publish","format-standard","hentry","category-finance","category-financial-literacy"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t