Beginner
Case Study: The 2013 Rupee Crash, A Forex Market Case Study
In the summer of 2013, the rupee fell from around 55 to the dollar to nearly 69 in a matter of weeks, India's steepest currency slide since the 1991 balance-of-payments crisis. This case study walks through why a single comment from the US Federal Reserve chairman could hit the Indian currency so hard, what a current account deficit actually has to do with the rupee's value, and how the RBI's emergency toolkit, including a little-known swap window for NRI deposits, pulled the currency back from the edge. Along the way, you will learn how a forex crisis ripples into equities, bonds, gold, and the wallets of ordinary importers, exporters, and NRI families.
Forex MarketsCurrency CrisisRBI PolicyCurrent Account DeficitMacroeconomics
MODULES
4
DURATION
~1.5 hrs
TRACK
Alternative Investing
What You'll Master
How the rupee is valued and traded, and what actually moves USD/INR day to day
Why the 2013 US Federal Reserve taper tantrum hit India harder than most emerging markets
How a widening current account deficit made India vulnerable heading into the crash
The RBI's emergency toolkit: rate hikes, gold import curbs, and capital controls
How the FCNR(B) swap window pulled in dollars and helped stabilize the rupee
How the crisis rippled into equities, bonds, gold, and the real economy
What importers, exporters, and NRI families actually experienced as the rupee fell
Access Level
LEARNER
Everything included
Full Text Playbooks
Actionable Exercises
Mobile Reading Mode
Lifetime Updates