Tag: foreign portfolio investment
Posted in Economy
Rupee may slip beyond 90 if US trade deal not sealed: Experts
New Delhi: The recent depreciation in the rupee, driven by a widening trade deficit and weak investment inflows, is expected to persist, with economists cautioning…
Posted in Economy
No anchor, rupee sinks to 89/dollar
The rupee hit its weakest level on record, depreciating past the psychologically significant 89 per dollar mark for the first time on Friday, before closing…