Rupee in Worst Losing Streak in Year on Brexit, Rajan Concerns

Updated on
  • Indian rupee is 2016’s worst Asian currency after yuan
  • Sovereign bonds gain in June as inflation concern ebbs

The rupee completed its longest stretch of monthly losses in a year as global funds exited local bonds amid the uncertainty created by Brexit and central bank Governor Raghuram Rajan’s decision to leave the central bank.

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