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How US Federal Reserve's decision to raise rates may impact India
The US Federal Reserve’s decision to hike interest rates will impact the Indian economy as the difference between the two countries' interest rates will decrease, making India less attractive for currency carry trade. This could lead to some money moving out of Indian markets and back to the US, decreasing the value of India’s currency against the US dollar.
The US Federal Reserve’s decision to hike interest rates will impact the Indian economy as the difference between the two countries' interest rates will decrease, making India less attractive for currency carry trade. This could lead to some money moving out of Indian markets and back to the US, decreasing the value of India’s currency against the US dollar. 
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