Friday, March 29, 2024

Tag Archives: Rupee

Rupee hits a new low, turns worst performer in Asia

Mumbai: The Indian currency’s woes continued on Wednesday as it slumped to a record low after expectations regarding measures to attract dollars were belied. There was no clarity on such proposals after a meeting between regulators. Wednesday’s losses pulled the rupee down to make it the worst performer in Asia. Since January this year, the rupee has weakened 10.28% and has …

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