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Get ready for the Indian rupee.
- Source :
- Futures: News, Analysis & Strategies for Futures, Options & Derivatives Traders; May2006, Vol. 35 Issue 6, p20-20, 3/4p
- Publication Year :
- 2006
-
Abstract
- The article reports on the emergence of the Indian rupee as the fifth of the top five currencies in the world, behind the American dollar, the Japanese yen, the euro and the Chinese yuan. India's finance minister Palaniappan Chidambaram has announced the plan to move the rupee to a fully floating and convertible status. Factors the rupee's growth are capital inflows to India as payment for outsourcing services, the growth of Indian movies and the rising number of brokerage firms planning to provide brokerage services to India.
Details
- Language :
- English
- ISSN :
- 07462468
- Volume :
- 35
- Issue :
- 6
- Database :
- Complementary Index
- Journal :
- Futures: News, Analysis & Strategies for Futures, Options & Derivatives Traders
- Publication Type :
- Periodical
- Accession number :
- 20793126