Monday, April 12, 2021

Rupee weakens to 8-month low of below 75 per dollar

The rupee suffered from some sharp weakness on Monday, ending below the 75-to-the-dollar mark for the first time in eight months. The drop came after foreign funds were forced to sell in the domestic market as rising Covid cases triggered fears about further delay in India’s economic recovery.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3x0TQVc

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