SME Futures · @smefutures
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Since the beginning of the Russia-Ukraine crisis, the Indian rupee has depreciated by nearly 7%, hovering close to 80 per US dollar. The rupeeā€™s depreciation is the result of a number of factors, including rising geopolitical and insecurity risks, soaring energy prices, and the subsequent outflows of Foreign Institutional Investors (FIIs). To date, in this calendar year, FIIs have withdrawn a record US$ 30 bn.

smefutures.com/impact-of-rupee

#russiukrainecrisis #India #MSME #rupeedepreciation

Last updated 2 years ago