Record low! Rupee falls by 23 paise against US dollar; reaches 91.01
The Indian Rupee hit a new record low against the US Dollar on Tuesday. This decline is driven by foreign investors selling Indian assets and stalled trade negotiations between India and the US. Traders anticipate further depreciation, with the Rupee potentially crossing 92 against the Dollar this month. The currency has seen a significant drop in recent trading sessions.
The Indian Rupee hit a new record low against the US Dollar on Tuesday. This decline is driven by foreign investors selling Indian assets and stalled trade negotiations between India and the US. Traders anticipate further depreciation, with the Rupee potentially crossing 92 against the Dollar this month. The currency has seen a significant drop in recent trading sessions.
