Indian Rupee Declined to a Nine-Month Low on April 15
The Indian rupee declined to the lowest level in nine months against the U.S. dollar on Thursday. It is declining as there are growth concerns emerging yet again in response to lockdowns. Meanwhile, the benchmark 10-year bond yield rose, due to concerns that further strict lockdowns to curb Covid-19 cases could affect economic growth and …
Indian Rupee Declined to a Nine-Month Low on April 15 Read More »