Indian Rupee: Best Performing Currency In Asia in 2024
The Indian rupee has made history after being named the best-performing currency in Asia so far in 2024. After an extremely safe and stable 2023, the Indian rupee has started 2024 on a promising note. The Indian rupee appreciated by 0.1% in the first month of 2024. This comes as a surprise as most of…
Rupees Hits Record Low Of 79.36 Against US Dollar
Indian currency, Rupee plunges by 41 paise to close at a fresh lifetime low of 79.36 against the US Dollar on Tuesday due to the greenback overseas and unrelenting foreign fund outflows. At the interbank forex market, the local unit started at 79.04 against the greenback and witnessed an intra-day high of 79.02 and a…
Rupee Plunged To A Record Low – Fuel Price In India Is Expected To Rise
The Indian Rupee has dived a record low of 77.02 against a US dollar on Monday, and as per a poll conducted by Economic Times, it is further expected to plunge around 80 in the next few days. This record decrease in Rupee’s value is a consequence of the crude oil hike in the global…