The rupee’s slide against the dollar continued unabated on Thursday, with the local currency falling to a record low of Rs227 in the interbank market, with watchers attributing the losses to political “chaos” and a greenback that is strengthening against other currencies as well. The rupee had closed at Rs224.92 on Wednesday. When the session opened today, the local currency …
Read More »Political ‘chaos’, ascendant dollar send rupee tumbling to 227 in interbank
July 21, 2022