Saturday, March 07

A new low for rupee! Currency falls over 60 paise; reaches 91.74 against US dollar

The Indian rupee hit a new low of 91.20 against the US dollar on Wednesday, extending its downward trend. This depreciation is attributed to strong dollar demand from metal importers, continued foreign fund outflows, and geopolitical uncertainties. The domestic stock market's sluggish performance also contributed to the rupee's decline.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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