Rupee Falls

Here’s Why Rupee Is Among The Worst-Performing Currency In Asia, Falls 2 Paise

The Indian rupee continued its downward trajectory, closing at 84.49 per US dollar on Friday, a marginal fall of 2 paise from its previous close. This depreciation was driven by significant foreign fund outflows and end-of-month dollar demand from importers, even as domestic equity markets and cooling crude oil prices...