
Indian Rupee Falls Past 90 Per Dollar
India's rupee fell past 90 per dollar to a new record low, driven by delays in a crucial trade deal with the US. The RBI intervened to curb losses.
#Indian Rupee#Forex#Trade Deal
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India's rupee fell past 90 per dollar to a new record low, driven by delays in a crucial trade deal with the US. The RBI intervened to curb losses.

The Indian rupee edged lower to 88.69 against the U.S. dollar on Monday, influenced by a strengthening greenback and rising global crude oil prices.

The Indian rupee held its ground just shy of a record low on Monday, closing at 88.7775, as the Reserve Bank of India actively intervened to counter strong U.S. dollar demand.