The biggest surprise of 2024 wasn’t any election results nor was it the fact central banks worldwide are more desperately accelerating rate cuts as the year draws to close. Or that other governments and officials are resorting to increasing panicky measures to calm markets in their areas. What caught everyone so off guard about ’24 was the one outcome that stands behind all of those things.
JUST IN: Historic Low for Indian Rupee!
For the first time ever, the INR has plummeted past 86 against the USD. pic.twitter.com/Mn29Ln4IEm
— Jacob King (@JacobKinge) December 29, 2024
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