BusinessRupee (INR) Closes At 6-Month Low Against US Dollar (USD): 5 Things To Know
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Rupee (INR) Closes At 6-Month Low Against US Dollar (USD): 5 Things To Know
Rupee falls as much as 26 paise to 65.46 against US dollar on Monday
Trade deficit widened to $13.69 billion in March
Rupee vs dollar also hurt by weak domestic equity markets
The rupee today fell 29 paise against the US dollar to close at 65.49, a more than six-month low.
The US has included India in "the monitoring list" of its "major trading partners that merit close attention to their currency practices and macroeconomic policies". The list is a part of the semi-annual report on "Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States" prepared by the US Department of Treasury for the US Congress.
The Bombay Stock Exchange (BSE) benchmark index Sensex closed 11...