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Title: Recent downfall of the Indian rupee
Authors: Pal, Parthapratim
Ray, Partha
Keywords: International Reserves
Foreign Exchange Reserves
Capital Account
Issue Date: 2018
Publisher: SCOPUS
Economic and Political Weekly
Economic and Political Weekly
Series/Report no.: 53(41)
Abstract: Assessing the trends in India's balance of payments, it is argued that a combination of substantial trade deficit and a significant current account deficit financed predominantly by fickle portfolio investments could have made the rupee vulnerable to the moods of the global capital market. India's huge dependence on oil imports along with high gold and electronic imports could also have played their roles in making the exchange rate volatile. � Economic and Political Weekly. All rights reserved.
Description: Pal, Parthapratim, Indian Institute of Management Calcutta, Kolkata, India; Ray, Partha, Indian Institute of Management Calcutta, Kolkata, India
ISSN/ISBN - 129976
Appears in Collections:Economics

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