USD/INR Surges as Record Trade Deficit Pushes Indian Rupee to New All-Time Low
Facebook LinkedIn Indian Rupee Nears Record Low Amid Rising US Yields and Weak Chinese Yuan The Indian Rupee (INR) weakened on Tuesday, edging closer to a fresh record low as global factors, including rising US Treasury bond yields and weakness in the Chinese Yuan, weighed on the local currency. Additionally, a widening merchandise trade deficit […]