Indian Rupee Had Worst Regional Performance The Indian rupee (INR) had the worst performance in the region over the past 90 days with a depreciation rate of 10.14 percent. In comparison, the Malaysian ringet (MYR) depreciated 3.61 percent, Sri Lankan rupee (LKR) 3.93 percent and Vietnamese dong (VND) 2.07 percent, with the Bangladesh taka (BDT) actually stronger by 0.62 percent.The market has been expecting an intervention as the rupee again crossed the $1 for every 60 rupees threshold, but the Reserve Bank of India stated that it has no plans to intervene and no specific target for the exchange rate. One reason why the INR has been losing its value has been the change in U.S. monetary policy and the slowing of the bond-buying program th...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
Kiwengwa/Pongwe Forest Reserve Kiwengwa/Pongwe Forest Reserve is located on the northeast coast of Unguja, 20 kilometres (12 mi) from the Town. The reserve is an important biodiversity spot in the coral rag zone. The forest reserve is rich both in faunal and floral species. The faunal species r...
An Ankylosaurus lumbers along the shore of what’s now eastern Montana. Walking low to the ground, the dino uses its flat, leaf-shaped teeth to tear at ferns lining the water. Suddenly, a shadow looms over the herbivore—a Tyrannosaurus rex is hungry. But Ankylosaurus won’t be a...
The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
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