By Dilip Parmar The Indian Rupee started September on the back foot and continued its downward trajectory as seen so far this year. Calendar year 2022 has become the worst year after 2018 as the local unit depreciated in all the months amid lingering worries over the twin deficit, high inflation, global slowdown and risk-averse moods. The Indian rupee has fallen about 7% so far this year and stayed around the middle of the pack among emerging market Asian peers amid the central bank’s intervention. The central bank has sold dollars from the forex kitty to curb the rupee’s depreciation …
