{"id":27698,"date":"2018-10-23T15:38:39","date_gmt":"2018-10-23T10:08:39","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=27698"},"modified":"2018-10-23T15:38:39","modified_gmt":"2018-10-23T10:08:39","slug":"submerging-markets","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/submerging-markets\/","title":{"rendered":"Submerging markets"},"content":{"rendered":"<p><a href=\"https:\/\/www.thehindu.com\/opinion\/editorial\/submerging-markets\/article24835442.ece\">Submerging markets<\/a><\/p>\n<p><strong><u>News<\/u><\/strong>:<\/p>\n<ol>\n<li>Indian rupees hits new all-time low of Rs.71.<\/li>\n<\/ol>\n<p><strong><u>Important Facts:<\/u><\/strong><\/p>\n<ol>\n<li>Emerging market economies currencies slides against the U.S. dollar.<\/li>\n<li><u>ImportantNumbers<\/u><\/li>\n<\/ol>\n<ul>\n<li>Indian rupees hits new all-time low and touched the mark of Rs.71 against $1<\/li>\n<li>Loss of about 10% of its value against the dollar since the beginning of the year.<\/li>\n<li>Argentina Peso lost more than 50 % of its value in 2018 and sharp loss of 10 % alone on Thursday despite 15 % increase in interest rate.<\/li>\n<li>Turkish Lira almost lost half of its value this year.<\/li>\n<\/ul>\n<ol>\n<li>Domestic economic issues in Turkey and Argentina has further intensified the crisis.<\/li>\n<li>But the common reason is increasing demand for U.S Dollar in emerging markets.<\/li>\n<li>Tightening monetary policy and increase in interest rate by U.S federal bank has yielding high results.<\/li>\n<li>As a result of this investors shifting their capital from Emerging markets to American assets.<\/li>\n<li>\u00a0Emerging countries earlier benefited from easing of monetary conditions in the West are now facing challenges on reversal of monetary policy and cannot blame western countries for currency crisis.<\/li>\n<li>Management of economic policies such as high inflation rate in Argentina and Turkey has a major impact.<\/li>\n<li>Drastic change in emerging market monetary policy is required in a long run.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Submerging markets News: Indian rupees hits new all-time low of Rs.71. Important Facts: Emerging market economies currencies slides against the U.S. dollar. ImportantNumbers Indian rupees hits new all-time low and touched the mark of Rs.71 against $1 Loss of about 10% of its value against the dollar since the beginning of the year. Argentina Peso&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/submerging-markets\/\">Continue reading <span class=\"screen-reader-text\">Submerging markets<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-27698","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704769066},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/27698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=27698"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/27698\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=27698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=27698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=27698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}