89 and falling: Rupee hits record low; biggest drop since July amid weak equity cues
The Indian rupee experienced its sharpest single-day decline in over three months on Friday, falling past the 89-per-dollar mark for the first time. This significant drop occurred amidst a weak sentiment in both domestic and global equity markets. The currency's fall was influenced by global cues and a flat growth in the country's core infrastructure sectors.
The Indian rupee experienced its sharpest single-day decline in over three months on Friday, falling past the 89-per-dollar mark for the first time. This significant drop occurred amidst a weak sentiment in both domestic and global equity markets. The currency's fall was influenced by global cues and a flat growth in the country's core infrastructure sectors.
