The slide in the rupee since the start of the year has raised concerns in some quarters over a repeat of the “Taper Tantrum”, which began five years ago today. But this seems unlikely. The external position is much improved since 2013 and, in fact, there are still reasons to think that the rupee will rebound over the coming months.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services