The rupee has fallen from Rs 85 to Rs 90 per USD in under a year, far quicker than previous five-rupee intervals, which earlier took anywhere between 581 to 1,815 days. SBI in its report noted this as the second-quickest fall since the 2013 Taper Tantrum.
Singapore, March 17 (ANI): The reflation trade that is lifting US yields will not hit Asian emerging markets' financial conditions and growth outlook as much as during the taper tantrum of 2013, S&P Global Ratings said on Wednesday.