The Indian Rupee has plunged 14p to a record low of 87.57 against the US Dollar today. The fall comes amid market expectations of an impending rate cut by the Reserve Bank of India (RBI) and poor ...
The value of the Indian Rupee (₹) is influenced by several factors, with two of the most important being interest rates and inflation. Let’s explore how these elements impact the rupee and why the ...
The Indian rupee hit an all-time low on Thursday amid heightened dollar demand likely spurred by the maturity of positions in the non-deliverable forwards market, while a prevailing bearish bias on ...
Rupee plunged 16 paise to close at an all-time low of 87.59 against the US dollar on Thursday, as rising odds of a rate cut by the Reserve Bank of India in its monetary policy meeting on Friday ...