India's rupee fall stuns middle class

Sep 1, 2013

India's rupee fall stuns middle class

by Penelope Macrae

Indian student Appu Sharma was going to apply to a U.S. university to study economics but with the rupee on the ropes, he’s set his sights closer to home. “I’ll do my BA here and maybe my postgrad abroad if the rupee improves — ...

Investors jump ship as panic over rupee spreads in India

Aug 18, 2013

Investors jump ship as panic over rupee spreads in India

Indian policymakers are looking increasingly panicky as they battle the worst currency crisis in more than two decades, and more worryingly there is no sign their remedies are working. The rupee lurched to a new lifetime low of 62.03 to the dollar on Friday ...