A surging greenback has wiped billions off the fortunes of the world’s richest, as energy-dependent countries like Russia, Mexico and Brazil experienced double-digit drops in the last year. A slowing Chinese economy and sluggish recoveries in Europe made the Japanese yen the only major currency to appreciate against the US dollar.
Check out our Monsoon discounts on subscriptions, upto 50% off the website price, free digital access with print. Use coupon code : MON2022P for print and MON2022D for digital. Click here for details.
(This story appears in the 01 April, 2016 issue of Forbes India. To visit our Archives, click here.)