Rupee falls 7 paise to trade at 83.21 against US dollar
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading higher by 0.14% at 104.54.
Source: livemint.com
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Fortune India: Business News, Strategy, Finance and Corporate Insight
Except for sound forex reserve and external debt, other indicators like weak and K-shaped recovery, and high fiscal deficits point to a prolonged crisis
Source: fortuneindia.com
Rupee has held up very well compared to other currencies, says Nirmala Sitharaman
The Union finance minister made the statement a day after the rupee breached the 81-mark against the US dollar for the first time.
Source: scroll.in
Rupee Surpasses 80 Mark Against Dollar to Hit a Record Low
At 9:10 am, rupee was trading at 80.01 a dollar, down 0.03% from its previous close. It opened at 79.99 and touched a fresh record low of 80.02.
Source: thewire.in
Global Settlement: Does the Rupee Have the Potential to Dethrone the Dollar?
While it may be wishful thinking, the RBI's decision is still important for India's regional and global trade goals.
Source: thewire.in