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Rupee hits its lowest point ever amid a positive outlook for the dollar.

guna@fastura.com11 months ago02 mins

As the dollar is expected to strengthen in the upcoming months due to Donald Trump’s election, the rupee fell to a record low on Thursday. The rupee fell to 84.2950, inching past the previous all-time low of 84.28, which was reached on Wednesday. Analysts predicted that the fear of tariffs would weaken the euro and…

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  • NYMEX Market

Rupee trade settlement with bordering nations picks up more quickly

guna@fastura.com2 years ago02 mins

India’s efforts to encourage settlement of overseas trade in Indian rupees are paying off; the first users of the channel were nearby nations like Bangladesh and Sri Lanka. Anupriya Patel, a minister of state for commerce and industry, responded to a question in the Lok Sabha by stating that Sri Lanka has added the Indian…

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