Falling Rupee

Weak and vulnerable

Print edition : July 26, 2013

Ben Bernanke, Chairman of the U.S. Federal Reserve, has suggested that the era of “quantitative easing” is nearing its end, which could mean that capital inflows to India will slow down. Photo: YURI GRIPAS/REUTERS

The rupee has weakened against most currencies and not just the dollar, bringing into question the much-vaunted India growth story. Here, outside a currency exchange dealer’s office in London. Photo: Simon Dawson/Bloomberg

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