Indian rupee record low

India’s Rupee Tumbles To New Low As Weak Stocks And Bearish Outlook Weigh On Currency

The Indian rupee tumbled to a new record low of 85.84 against the U.S. dollar on Monday, as it continued to weaken in the face of an ongoing bearish sentiment on the South Asian currency. This was in the wake of a broadly stronger dollar and sluggish capital inflows that...

Indian Rupee Hits Record Low Of 84.80 Amid New RBI Governor Appointment

The Indian rupee weakened to an all-time low of 84.80 against the US dollar in early trading on Tuesday, reflecting market concerns over upcoming monetary policy changes. This decline followed the government’s announcement on Monday that Sanjay Malhotra, the current revenue secretary to the finance ministry, will serve as the...