Rupee
India cuts, Brazil keeps interest rate on hold
Reserve Bank of India (RBI) Governor Shaktikanta Das.
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Modi promises to ease cash crunch
Prime Minister Narendra Modi urged Indians on Nov. 14 to give him more time to resolve a cash crisis that followed the withdrawal of high-value notes, insisting the shock move would benefit the poor in the long run. His comments came as the government said it was increasing a weekly cash withdrawal limit and taking steps to help people in remote areas access money as frustration mounted.
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INR 500, 1000 Currency Notes Banned In India
People across India were in deep trouble on Wednesday as the Narendra Modi government in New Delhi abolished INR (Indian Rupees) 500 and 1000 currency notes at 12am (midnight).
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Saving savings to save the lira
Now that the lira and other emerging market (EM) currencies have somewhat stabilized, at least for the moment, it may be useful to try to understand why some underperformed, while others overperformed, peers.
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