Indian Rupee Under Strain as Importer Demand and Foreign Outflows Weigh on Currency
Facebook LinkedIn On Thursday, the Indian rupee edged lower as the recent rally in Asian currencies took a pause, while forward premiums increased following the release of Federal Reserve minutes and downward revisions to U.S. payroll figures. At 10:36 a.m. IST, the rupee was trading at 83.9425 against the U.S. dollar, slightly down from 83.9225 […]