The Volatile Rupee And NRI Property Investments In India: Om Ahuja, CEO – Residential Services, Jones Lang LaSalle India
The global capital and currency markets have been volatile for last the few months, also triggering serious turbulence in the rupee. Current account deficit and the fact that foreign institutional investors are selling heavily on the Indian bond market have been the key triggers for the rupee’s repeated depreciation. Factors such as negative export and …