Home Economy Rupee hits record low as broad dollar strength hurts Asian currencies
Economy - January 9, 2025

Rupee hits record low as broad dollar strength hurts Asian currencies

Rupee hits record low as broad dollar strength hurts Asian currencies

The Indian rupee weakened to its lifetime low on Thursday as the dollar strengthened on the back of expectations of slower-than-anticipated rate cuts by the Federal Reserve as well as uncertainty about the incoming U.S. President's policies.

Author Of article :

Read full article

Leave a Reply

Your email address will not be published. Required fields are marked *

two × 4 =

Check Also

Choice over tradition: What today’s diamond buyer really wants

Today’s consumers are comfortable embracing technology-driven innovation across sector مصد…