Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Economy

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

The Indian Rupee is the best performing currency in the BRIC. Even the Indonesian Rupiah has devalued substantially.

 

image 

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.

divider

Subscribe to Capital Mind:

To subscribe to new posts by email, once a day, delivered to your Inbox:

[wysija_form id=”1″]

 

Also, do check out Capital Mind Premium, where we provide high
quality analysis on macro, fixed income and stocks. Also see our
portfolio which has given stellar returns in our year, trade by trade
as we progress. Take a 30-day trial:

[wysija_form id=”2″]

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial