Rupee Trade
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Rupee Falls To Record Low Of 91.74 Against US Dollar
The rupee crashed 77 paise to an all-time low of 91.74 against the American currency in intra-day trade on Wednesday, pressured by persistent foreign fund outflow and robust greenback demand from metal importers.
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Why India's Push To Boost Rupee Payments Has Seen Limited Success
India's year-old campaign to boost the rupee's role in cross-border payments has made little headway, according to people familiar with the matter, underscoring the challenges for countries trying to reduce their dependence on the dollar.
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Rupee Falls To Record Low Of 91.74 Against US Dollar
The rupee crashed 77 paise to an all-time low of 91.74 against the American currency in intra-day trade on Wednesday, pressured by persistent foreign fund outflow and robust greenback demand from metal importers.
-
Why India's Push To Boost Rupee Payments Has Seen Limited Success
India's year-old campaign to boost the rupee's role in cross-border payments has made little headway, according to people familiar with the matter, underscoring the challenges for countries trying to reduce their dependence on the dollar.
