INSUBCONTINENT EXCLUSIVE:
INR Vs USD: Rupee breached the 74 mark for the first time ever on Friday.The rupee lost 14 paise to trade at 73.90 against the US dollar in
early trade Monday, reported news agency Press Trust of India (PTI)
On Friday, the rupee breached the 74 mark for the first time ever, before registering a fresh all-time closing low of 73.76 against the
The dollar's strength against major global currencies weighed on the rupee sentiment, forex dealers were quoted as saying in the PTI
report.Besides, foreign fund outflows also seemed to have the rupee
Foreign investors have pulled out over Rs 9,300 crore ($1.3 billion) from the domestic capital markets in the last four trading sessions.The
dollar strengthened after China's central bank eased its domestic policy to support the economy
On Sunday, the People's Bank of China (PBOC) announced a 100-basis-point cut to banks' reserve requirement ratio, stepping up efforts to
support the economy and calm market worries.Meanwhile, the domestic stock markets traded in the red
