Re:Launch HN: Inri (YC W23) – Wealthfront for Investing in I...
by sanp on Saturday April 01, 2023 @12:39PM
(#35401656)
Wouldn’t the depreciation be higher in a higher (US) interest environment? The gap between US interest rates and Indian interest rates is what determines depreciation and the RBI (effectively, the Indian Govt as the RBI has no real independence) has not been as aggressive in increasing rates. So, I see faster INR depreciation for the near future.
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