Rupee ends at record closing low of 83.43 against dollar pressured by Asia FX

economictimes.indiatimes.com

Rupee ends at record closing low of 83.43 against dollar pressured by Asia FX

economictimes.indiatimes.com

TVgog56789@lemy.lol to

Indian Left@lemmygrad.ml · 8 months ago

The currency was weighed down by dollar demand from local oil companies. Thai baht and Chinese yuan weaken. Importers pressure rupee. Forex trader mentions foreign banks selling dollars. Derivative contracts cause turmoil.

cross-posted from: https://lemy.lol/post/22778238

https://archive.is/uJnlY

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