The Indian rupee weakened to yet another all-time on Wednesday, hurt by the continued unwinding of carry trades and on dollar demand from local importers. The rupee fell to its …
Jayesh Mehta, Vice-Chairman & CEO, DSP Finance explains the fall in the rupee against the dollar. Mehta says overall, it is a risk-off situation and that is where we saw …
Home Business Rupee Hits 1-year Low Of 83.28 Against US Dollar The RBI is reportedly selling dollars in the foreign exchange market to prevent Rupee from hitting an all-time low. …
India’s rupee will not drop past the 84-per-dollar mark even if the greenback strengthens further from current levels as the nation’s central bank will step in to defend the currency, …