Currency Update: Rupee Dips 61 Paise to Record Low of 88.19 Against Dollar; Foreign Investors Increase Activity
Highlights: – The Indian rupee fell to an all-time low of 88.19 against the US dollar, largely due to increased tariff pressures and foreign investment outflows. – Economic experts predict continued vulnerability for the rupee amid heightened trade tensions and weak domestic equity markets. – Government officials are assuring support for exporters and plan measures […]
