Reports say that Indian Rupee is the Worst Performing Currency in Asia
As per Bloomberg reports, Indian currency is the worst performing currency in the year 2021. Indian currency declined 1.9% in this quarter as global funds worth $4.2 billion were pulled out of capital of India's stock market.
Indian stocks such as Goldman Sachs group Inc and Nomura Holdings Inc. were sold by Foreigners. They lowered their outlook for equities, citing lofty valuations with Omicron variant concern roiling the global markets.
|
|
