Economy National
The Indian rupee has logged its worst monthly performance in three years, weakening sharply against the US dollar during January. Persistent pressure from foreign fund outflows and strong dollar demand pushed the currency close to record lows. RBI Steps In to Defend Key Level The rupee slipped near the ₹92 per dollar mark during the […]
Business Finance
The Indian rupee fell to a fresh record low against the US dollar, weakening past previous lows amid strong dollar demand and ongoing selling pressure from foreign investors. The depreciation reflects continued stress in the foreign exchange markets and cautious investor sentiment. Foreign Outflows and Market Impact Sustained foreign portfolio outflows from Indian equities
Economy National
The Indian rupee slipped to a record low against the US dollar on Monday, pressured by persistent foreign fund outflows and uncertainty surrounding a potential trade agreement between India and the United States. Market participants said global risk aversion and a stronger dollar added to the currency’s weakness. Traders noted that sustained selling by foreign […]