Rupee watch: Currency nears 90 amid RBI caution; data-heavy week to test stability
The Indian rupee faced renewed pressure, nearing a record low of 90 against the US dollar due to portfolio outflows and trade deal doubts. While the rupee rebounded slightly on Monday following central bank intervention and dipping crude prices, key economic data releases this week will be closely watched.
The Indian rupee faced renewed pressure, nearing a record low of 90 against the US dollar due to portfolio outflows and trade deal doubts. While the rupee rebounded slightly on Monday following central bank intervention and dipping crude prices, key economic data releases this week will be closely watched.
