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 […]
The Indian rupee dropped to a lifetime low on Monday, with unfavourable trade and portfolio flows and the lack of a U.S.-India trade deal overshadowing the boost from stellar growth. The rupee declined to 89.59 against the U.S. dollar, dipping past its previous record low of 89.49 hit about two weeks ago. (Bloomberg) The rupee […]
