On Friday Rupee breached the 71-mark for the first time against the dollar, hitting a fresh low. The weakening of the rupee over the last few days has been attributed to month-end dollar demand from importers, the pressure being on currencies by Turkish lira and Chinese offshore yuan and rally in crude oil.
from The Times of India https://ift.tt/2MCRRTf
Subscribe to:
Post Comments (Atom)
Why is it so hard to pass through the Strait of Hormuz?
Paul Adams explains why it is so dangerous to navigate the strait, one of the world's busiest oil shipping channels. from BBC News htt...
-
As the cities where Floyd grew up and died hold commemorations, the US "reckoning" with racism seems to be fading. from BBC News...
-
Peng Yujiang, 55, was testing new equipment when a rare "cloud suck" pulled him higher into a cloud formation. from BBC News htt...
-
Harvard has around 6,800 foreign students currently - a third are from China, and more than 700 are Indian. from BBC News https://ift.tt/F...
No comments:
Post a Comment