excellent work from capital mind in capturing the charts.
april 2015 observation that the RBI was buying dollars at 62 INR spot.
november 2015 RBI buying dollars at 67 INR spot and battening the hatches to intervene as required after the fed raise rates 15 dec
INR 67 v INR 62 is - 8 % in the year as the crow flies and not destined to get any better as global capital flows recalibrate
april 2015 observation that the RBI was buying dollars at 62 INR spot.
november 2015 RBI buying dollars at 67 INR spot and battening the hatches to intervene as required after the fed raise rates 15 dec
INR 67 v INR 62 is - 8 % in the year as the crow flies and not destined to get any better as global capital flows recalibrate
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