The Indian rupee witnessed a notable decline on Monday, closing at 93.39 against the US dollar, marking a sharp fall of 56 paise compared to its previous session. The depreciation came amid rising global uncertainties and increased demand for the US currency. Market experts attributed the fall primarily to escalating geopolitical tensions in West Asia. […]
The Impressive Times
New Delhi – Indian rupee, which has turned volatile in last few days is expected to breach 87-mark due to heightened global uncertainties between Israel and Iran, currency experts said. “The Rupee is projected to depreciate, driven by an increased demand for the safe-haven US Dollar. Elevated crude oil prices, stemming from supply disturbances, are […]
The Impressive Times
New Delhi : The Indian rupee continued its range-bound trade on Monday, depreciating by 5 paise to 86.76 against the US dollar in early trading. Forex traders attributed this weakness to a combination of significant foreign fund outflows and a negative trend in domestic equities. The rupee is currently facing a negative bias, as foreign […]
The Impressive Times
