Tag Archives: Rupee
Rupee Under Pressure From Delayed US Rate Cuts
The Indian rupee closed lower against the U.S. dollar on Monday, settling at 83.41, down from its previous session’s close of 83.34. SEE: USD makes significant gains against INR on VT Markets trading app. Factors such as increased dollar purchases by foreign banks and weakness across Asian currencies shaped this outcome, driven by expectations that theContinue Reading