This paper intends to discuss the article From Brazil to India, Pain from Currencies; Rupee and Real, and Weakened after Fed's Signal on Bonds, Translate into Higher Costs to Repay Debt, Buy Jet Fuel. The article has highlighted various important facts associated with the devaluation of rupee and its underlying impact over the economies. The purpose of this paper is to highlight the important aspects revealed in the article selected
Discussion
The volatility of any currency tends to weaken the economy of countries. Constantly changing currency rate negatively impacts ...