Forex woes: Rupee drops for sixth straight day amid Dollar strength, FII outflows

The rupee weakened for the sixth straight session, closing at 86.41 against the dollar due to a strong greenback and foreign fund outflows. Concerns over India-US trade talks are rising, with potential tariff hikes looming if negotiations stall.

More From Author

Electronics exports: India challenges China’s dominance, eyes leadership in manufacturing

Irregular monsoon distribution may hit: Crop damage raises price push concerns, says report

Leave a Reply

Your email address will not be published. Required fields are marked *