Rupee's year-end rally heralds a brighter 2019

Higher crude prices sent the rupee to multiple lows in October and spurred foreigners to pull about $12 billion from local stocks and bonds in 2018. Cheaper oil and a central bank that’s boosting the amount of money it’s adding to the economy have driven gains in Indian assets this week.

from Times of India https://ift.tt/2EznKa7