Rupee slumps: What the currency’s fall beyond 90 per dollar means for investors

The Indian rupee has breached Rs 90 against the US dollar for the first time, driven by weak capital flows, importer demand, and trade deal uncertainty. This decline has impacted equity markets, prompting foreign investor selling despite strong domestic fundamentals. Analysts warn of further depreciation if the rupee sustains above this psychological barrier.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/RnJAwMt
>

Comments

Popular posts from this blog

Kareena Kapoor Khan takes the Childhood Challenge by UNICEF, shares a throwback picture with Karisma Kapoor

Salman Khan reveals the three villains of Radhe-Your Most Wanted Bhai; says they made the film look stronger and bigger

Dia Mirza admits Rehnaa Hai Terre Dil Mein had sexism in it