Question

    How did the Indian Rupee perform compared to other Asian currencies in August 2024?

    A Best Correct Answer Incorrect Answer
    B Second-worst Correct Answer Incorrect Answer
    C Third Correct Answer Incorrect Answer
    D Fourth Correct Answer Incorrect Answer
    E Fifth Correct Answer Incorrect Answer

    Solution

    In August 2024, the Indian Rupee was the second-worst performer among Asian currencies, affected primarily by strong demand for the US dollar and significant capital outflows from the equity markets, spotlighting concerns in the regional economic landscape.

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