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    ISAS Insights

    Detailed perspectives on developments in South Asia​​

    222 : Pressures on the Indian Rupee

    S Narayan, Head of Research and Visiting Senior Research Fellow at the ISAS

    21 August 2013

    The Indian rupee fell to an all-time low of close to 64 to the US dollar on Tuesday 20 August 2013, and the Indian media as well as well as the analysts have been extremely critical of the policies announced by the Government of India. The Government, on its part, is pointing to the exit of funds across all emerging markets as US yields are set to rise, and is putting all the blame on external factors.