on the instability of world Grandeur summary ?
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The major problem faced today by most of the emerging countries is exchange rate crisis.The news by Federal Bank chairman about the possibility of tightening the money supply or sucking back the stimulus from the market changed the thought process of many investors who turned towards US for better returns.This resulted in fall in value of currencies of various emerging economies of Asia.UK on the other hand is going through recession. There was a gulf war which rose oil prices and rose concern for fulfilling oil needs by many countries as almost the whole world depend on the gulf countries for oil.So,there are various economic issues going on in the world.
Talking about the solutions,to improve the exchange rate,countries are working on their own behalf,US has not yet sucked back the extra stimulus,so it has given time to economies to take control. India has appointed new RBI governor and new policies are working out and rupee has shown some improvement in the past week
Talking about the solutions,to improve the exchange rate,countries are working on their own behalf,US has not yet sucked back the extra stimulus,so it has given time to economies to take control. India has appointed new RBI governor and new policies are working out and rupee has shown some improvement in the past week
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