India’s import bill is expected to increase by about $15 billion due to INR depreciation impact, says Global Trade Research ...
The rupee hit a fresh record low on Friday, depreciating by 0.6 per cent to close at 85.7437 per US dollar. This marks its steepest single-day fall since February 2023, as per Bloomberg data. The ...
The rupee recorded its steepest single-day fall in past six months, sinking 53 paise to hit a new all-time intraday low of 85.80 against the US dollar during mid session on Friday as the unabated rise ...