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Depreciation In Rupee Due To Turmoil In China Good For India
Any depreciation in rupee on account of China-led turmoil in the global financial markets should only be welcome sign for India, or else Indian exports will suffer more at the hands of China and other emerging countries witnessing correction in their currencies, an Assocham paper titled ‘Implications of Devaluation of Chinese Yuan’ said. “India should […]
appareltalk- January 19, 2016
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