Mumbai – India’s currency witnessed a partial recovery in early trade on Thursday as the rupee rose 14 paise to 87.66 against the U.S. dollar, after tumbling to a historic low of 87.80 the previous day. The rebound came amid suspected intervention by the Reserve Bank of India (RBI) following a steep 89-paise fall—marking the sharpest […]
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 […]