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Rupee’s pain has a global address
Much of India’s global trade is invoiced in dollars, which to an extent is inevitable -- but not entirely so
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economictimes.indiatimes.com
Cheaper oil, RBI support fail to lift rupee amid dollar demand
The Indian rupee weakened to 95.39 against the dollar on Thursday, despite lower oil prices and central bank support. Demand from foreign banks, oil firms, and investor outflows…
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thehindubusinessline.com
Rupee’s pain has a global address
Much of India’s global trade is invoiced in dollars, which to an extent is inevitable -- but not entirely so