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Indian Rupee: Hidden Power Behind Regional Currency

As reported by Market Leader (US)

More analysts start focusing on India’s economic achievements amid global economic instability and uncertainty. While the eurozone crisis keeps devastating European economies and capital markets grow volatile and less predictable, India (along with some other emerging markets) may well turn into a real power due to its immense economic potential.

 

First of all, India is number 20 in terms of GDP while the country’s purchasing power does impress: some analysts say it is around $5 trillion.    Read more...

 

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Tags: currency, forex, investments, news, stocks, trading

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