The negativity has spread not just in India, but across the world. On the currency front, the rupee weakened to its lowest level in more than 16 months due to global dollar strength. CNBC-TV18's Latha Venkatesh reports on what would this mean for exports in the economy.
Anant Narayan, managing director- regional head of fixed income and currency trading- South Asia, Standard Chartered Bank joins CNBC-TV18 to give his outlook of the currency market.