Rupee continues to fall! Currency drops to 90.24 against US dollar
The Indian rupee opened the week weaker, falling to 90.24 against the US dollar, extending its recent decline. This depreciation is attributed to foreign fund outflows and strong dollar demand, though softer crude oil prices and rising domestic equities offered some support.
The Indian rupee opened the week weaker, falling to 90.24 against the US dollar, extending its recent decline. This depreciation is attributed to foreign fund outflows and strong dollar demand, though softer crude oil prices and rising domestic equities offered some support.
