Worst Performance by Indian Currency within BRICS and Economic Doom India's rupee is the worst performer out of all of the BRICS countries (Brazil, Russia, India, China and South Africa), losing some 25 percent of its value from March-August 2013. Other currencies that have lost significantly include the Brazilian real (BRL), Russian ruble (RUB) and South African rand (ZAR). However, the Chinese yuan (CNY) became stronger in the same six-month period.The falling rupee has taken the sheen off of India's growth story. Some say that it is still intact, but this is not the case. The worst culprits in this whole issue regarding the declining rupee and fiscal deficit are the huge subsidy bill for petro products (including diesel), India's ap...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
From WPI Consulting
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.