Currency Note Worldwide

Indian rupee falls as US interest rate seems more likely

By Ricky Bean November 19th, 2015

India’s rupee fell the most in a week on Wednesday, as whispers from the US continue to fuel the belief that we are about to see an interest rate hike. There is a fear that the rate rise will cause further capital outflows, and on the back of this, we saw the rupee fall 0.4% yesterday – meaning a total decline of 1.6% this month

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