Author: Aditi Raj

The BSE Sensex fell more than 1,150 points (4%) on Monday. It is the 4th biggest crash in history in terms of absolute value. INR has weakened from 64/USD to nearly 66.67, a fall of over 4% since 11 Aug’15, when China announced devaluation of its currency, Yuan. The devaluation in Chinese Yuan has affected…