The Indian Rupee strengthened to under 90/Dollar for the first time in nearly a week, on likely interventions by the Reserve Bank of India in the forex market. The rupee is heading towards its sharpest yearly fall since 2022. (AFP) At the interbank foreign exchange market, the rupee opened at 90.19 against the US dollar, […]
The Indian Rupee fell past 90 per US dollar for the first time on Wednesday, as traders bet that the lack of a India-US trade deal and exodus of foreign monies from the stock market will keep Asia’s worst performing currency under pressure without central bank intervention. The rupee has fallen 5.3% against the US […]
The Indian Rupee weakened past the psychologically crucial 90 per US dollar mark on Wednesday, extending its rough patch as the weakness in trade and portfolio flows alongside worries over a missing trade deal with Washington kept the currency under pressure. FILE PHOTO: A customer holds hundred rupees Indian currency notes near a roadside currency […]
