Rupee Falls Below 85-Mark for the First Time in History: Why is Indian Currency Declining Vis-a-Vis Dollar?
The Indian rupee falls vis-a-vis the US dollar due to the hawkish tilt from the US Fed which sent traders heavily dialling back in easing expectations next year and, in turn, sparked a broad dollar rally sending all currencies into a tailspin.
The Indian rupee falls vis-a-vis the US dollar due to the hawkish tilt from the US Fed which sent traders heavily dialling back in easing expectations next year and, in turn, sparked a broad dollar rally sending all currencies into a tailspin.
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