The Indian rupee hit a record low of near 92.00 against the US dollar in early trade on Thursday amid broad weakness across Asian currencies as the greenback recovered. The Indian rupee opened at a low of 91.99 per US dollar as against its previous close of 91.78 level. Sustained outflows of foreign capital flows…
The US dollar has witnessed heightened volatility this week amid uncertainty and unpredictable US policymaking. The dollar is poised for its worst week since June as unpredictable US policymaking weighed on the currency. The dollar index, which measures the US currency against six units, was at 98.366 after dropping 0.58% in the previous session, on…
The Indian rupee fell to an all-time low on Wednesday, weighed down by risk-aversion as the Greenland dispute compounded existing pressures on the currency. The rupee opened at 91.08 against the US dollar. The local currency fell about 0.24% to a record low of 91.19. Source
