Indian Rupee Slides to a Fresh Record Low: Why India’s Currency Remains Under Pressure | India Infoline
The Indian Rupee weakened further against the US Dollar on May 13, with the USD/INR pair touching a fresh record high of 95.80 during volatile trading sessions. In currency markets, a higher USD/INR number means the rupee is weakening because it takes more rupees to purchase one US Dollar. The rupee remained under pressure through most of the session, although…
Key Insights
- This topic is currently trending
- Experts are closely monitoring developments
- It may impact future decisions
