The rupee’s record fall indicates more economic pain. How does it compare with other emerging markets?

On June 13, the rupee fell below 78.29 to a dollar — a fresh all-time low. The INR78-level breach indicates more pain ahead. Better forex reserves and rising tax collections may provide a cushion. But all of this depends on when the global inflation momentum halts and the interest-rate cycle peaks. Central banks are in the thick of the action.

from Economy-Prime-Economic Times