2024-12-26 14:27
IndustryRupee Hits New Record Low Amid Multiple Pressures
The Indian rupee has hit a new record low for the seventh straight session, driven by a widening trade deficit and weak capital inflows. The BoP is expected to show a significant deficit, and a strong US dollar exacerbates the pressure on the rupee. IDFC forecasts further weakening to 86 by 2025.
#INR #ForeignExchange #Economy
Like 0
Gamma Squeezer
Trader
Hot content
Industry
Event-A comment a day,Keep rewards worthy up to$27
Industry
Nigeria Event Giveaway-Win₦5000 Mobilephone Credit
Industry
Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit
Industry
South Africa Event-Come&Win 240ZAR Phone Credit
Industry
Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit
Industry
[Nigeria Event]Discuss&win 2500 Naira Phone Credit
Forum category
Platform
Exhibition
Agent
Recruitment
EA
Industry
Market
Index
Rupee Hits New Record Low Amid Multiple Pressures
| 2024-12-26 14:27The Indian rupee has hit a new record low for the seventh straight session, driven by a widening trade deficit and weak capital inflows. The BoP is expected to show a significant deficit, and a strong US dollar exacerbates the pressure on the rupee. IDFC forecasts further weakening to 86 by 2025.
#INR #ForeignExchange #Economy
Like 0
I want to comment, too
Submit
0Comments
There is no comment yet. Make the first one.
Submit
There is no comment yet. Make the first one.