Up next
Author

Rupee can hit 80 mark against US dollar: Jamal Mecklai – The Economic Times Video | ET Now

ET Now | 09 May 2022, 02:18 PM IST

Embed

The rupee plunged to an all-time low versus the US dollar on Monday as a surge in US Treasury yields following an aggressive rate hike by the Federal Reserve caused the greenback to strengthen globally.

Read more on

This post first appeared on economictimes.indiatimes.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Rupee opened flat at 69.58 vs USD in early trade

Mumbai: The rupee opened on a flat note at 69.58 against the…

USD Weekly Forecast – Make Fundamentals Great Again?

It’s a new trading month and you know what that means: we…

The Week Ahead in FX – Eventful Week for Comdolls

Start your trading prep with an overview of catalysts coming up. I’ve…

Rupee pares initial gains, settles 27 paise higher at 74.89 against US dollar

Mumbai: The rupee pared its initial gains to settle 27 paise higher…