The Indian Rupee (INR) reached a historic low, trading at 85.92 against the US Dollar (USD). This marks a decline of 0.09% with a gain of 0.0750 for the USD. The continued depreciation of the Rupee reflects pressure from global economic uncertainties, rising oil prices, and a strengthening Dollar.
Market participants are closely monitoring the Reserve Bank of India’s (RBI) potential interventions and macroeconomic factors that could influence the currency’s trajectory.
Disclaimer: This is for informational purposes only. Please consult a financial expert for currency trading decisions.
