Currencies and Currency Wars

The purpose of this paper is to examine the global currency wars of the day. Besides that, it explains the major currencies. The fear of currency wars and the ways of dealing with them is discussed. Impact of currency volatility on the Indian economy is also part of the discussion. With low domestic savings, emerging economies like India have to go global to get more funds for investments. Competition was always there in the forex market. Now even wars have become common. Understanding and facing currency wars properly is crucial