Rupee hits record low against U.S. dollar on anticipation of RBI rate cut, weak economic data, and foreign fund outflows.
Dubai: The Indian Rupee dropped to another lowest ever point today, at 23.82 to the dirham (87.51 against dollar). It also ...
Indian stock markets turned negative on Thursday morning as major stocks like HDFC Bank, ITC, and M&M dragged the indices ...
Market sources indicated that the Reserve Bank of India (RBI) intervened through state-run banks to curb the rupee’s losses.