Why A Weak Rupee Looked Strong In CY23
Rupee saw the least percentage fall on buoyant FPI flows and benign crude, but an encore will depend on Fed rate cuts and oil staying lower.
rupee vs us dollar
February 2024
October 2022
High inflation, falling rupee, fear of recession: Should investors worry?
Most current negative factors such as the fallen rupee are short term in nature, says Rajesh Saluja, CEO & MD, ASK Wealth Advisors.
Rupee hits new lifetime low of 83 against US dollar
Rupee opened at 82.29 against USD and fell further to 83.02 during the day, a record low of 66 paise or 0.8% from previous close. It has depreciated over 11% against the greenback so far this year.
