Tag Archives: 16Month

As Rupee Hits 16-Month Low, Analysts Warn Of “Sharp” Fall Ahead If Coronavirus Cases Rise Further

As Rupee Hits 16-Month Low, Analysts Warn Of

The rupee depreciated by a total 163 paise against the US dollar – or 2.26 per cent – this week, as investors around the globe assessed the severity of the coronavirus outbreak and its impact on world economy. On Friday itself, the rupee shed 0.74 per cent (54 paise) to …

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