Friday, 31 August 2018

New low: Rupee@71, these people feel the pain

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

No comments:

Post a Comment

Chinese tycoon sentenced to 30 years in US jail

Guo Wengui branded himself as a China critic, gaining followers who backed his fraudulent schemes. from BBC News https://ift.tt/tce8f4R