The way the economy crumbles. With oil prices headed south, the world economy looks rattled and the slide in its wake seems bent on severely hurting some of the oil producers. Indonesia Rupiah has been falling heavy too; low levels since 1998; so also Malaysian Ringitt. The South East Asians will see pressures. India cannot be so oblivious of the context and the Indian Rupee could be under renewed pressure given IT companies are affected by slowing growth and volatility in stock markets. China, led that it is by export model, is also affected adversely.
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