The end of the year is looking bad for the Indian rupee. In the last few trading weeks, the attitude of foreign investors has weakened the position of the rupee.
According to a Bloomberg report, the rupee may remain the worst-performing currency in Asia this year. Foreign investors have pulled out around $4 billion from the market, causing the rupee to fall by 2.2% in the quarter. The Wire talks to Dr Praveen Jha, professor, Jawaharlal Nehru University on this topic.