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The Rupee Does Way Better Than Big Emerging Market Currencies in 2015

Deepak Shenoy1 min read
Quick Facts
What is "The Rupee Does Way Better Than Big Emerging Market Currencies in 2015" about?
What category is this article in?
Economy
Who wrote this article?
Deepak Shenoy, Capitalmind's research team.
When was this article published?
Published 18 March 2015.
How long does this article take to read?
1 min read
What topics does this article cover?
Rupee, USDINR
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The Indian Rupee is the best performing currency in the BRIC. Even the Indonesian Rupiah has devalued substantially.

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Much of this is because the USDINR was at 63.8 at the end of last year, but it’s still remarkable to see that the USD has appreciated 22% against the Brazilian Lira, and more than 5% against the Russian Ruble and Indonesian Rupiah in 2015.

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