India – Rupee hits record low on widening trade deficit, weakness in local equities

The Indian rupee weakened to its lifetime low on Tuesday, hurt by concerns about a widening trade deficit and likely outflows from local equities, although intervention by the central bank capped losses. Read full story

Source : https://www.thestar.com.my/aseanplus/aseanplus-news/2024/12/17/india—rupee-hits-record-low-on-widening-trade-deficit-weakness-in-local-equities

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