Indian Rupee Nears Record Low as Fed-Driven Strong Dollar Weighs
NegativeFinancial Markets

The Indian rupee is nearing a record low, largely due to the strength of the US dollar, which has been bolstered by traders reducing expectations for a rate cut by the Federal Reserve in December. This situation is concerning as it indicates a lack of intervention from the local central bank to stabilize the currency, which could have broader implications for the Indian economy and its trade balance.
— Curated by the World Pulse Now AI Editorial System










