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Indian Rupee Continues Plunging Due to Geopolitical Tensions
January 7th, 2020 - 07:34 GMT

Indian Rupee Continues Plunging Due to Geopolitical Tensions

The Indian rupee is likely to remain under increasing pressure in the coming weeks ahead of the federal budget for 2020-21 on the back of rising oil, geopolitical tensions and slow economic growth, forex market experts predicted on Sunday. The rupee continued its plunge on Monday, depreciating by 31 paise to 72.11 against the US currency (Rs19.65 against the UAE dirham) in early trade. On Friday, the currency plummeted by ...
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