You are here: Home » Markets » News
Crypto crash threatens N. Korea's stolen funds as it ramps up weapons tests
Business Standard

How rupee shrugged off the fragile tag and outperformed despite shocks

The domestic currency has fared better than many of its emerging market peers

Topics
Indian rupee | Ukraine | US Federal Reserve

Bhaskar Dutta  |  Mumbai 



rupee
In nominal terms, the reserves rose $99.2 billion in 2020-21 and then $30.3 billion in the last financial year.

Amid the global economic volatility unleashed by the war and the US Federal Reserve’s aggressive turn towards policy tightening, Indian have witnessed their share of turbulence.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Wed, June 29 2022. 20:22 IST

RECOMMENDED FOR YOU

.