The rupee’s drop was driven by rising US bond yields, which increased the dollar’s attractiveness, Ajit Mishra, SVP, Research, Religare Broking Ltd, said. Foreign institutional investors shifted their ...
Indian Rupee hits record low at 85.81 per dollar, driven by RBI actions, market activity, and speculation, experts say.
The reserves have been declining likely due to RBI intervention aimed at aggressively preventing a sharp depreciation of the ...
The Indian unit ended the day with a 0.3 per cent fall, the steepest since June 4, when the general election results were ...