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Risk Management in Emerging Markets

My weblog will focus on risk management and modeling in emerging markets

 

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August 10, 2007

Risks in the Rupee Dollar Rate

In the first five months of 2007, the Indian rupee appreciated significantly , from Rs 46 to a dollar to Rs. 40. The India growth story shining, capital poured in and the market was flooded with dollars. The central bank intervention was to a lower extent, constrained by instruments and inflation worries in the domestic front. But after May, the Central Bank has again become active and the float has stabilised. The VaR figures also came down drastically in June and july pointing towards greater market stability.


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Posted by sunandoroy at August 10, 2007 07:49 AM

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