this post was submitted on 06 Sep 2023
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Rupee falls most in a month as crude oil prices weigh (www.financialexpress.com)
submitted 2 years ago by xuxebiko@kbin.social to c/india@kbin.social
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The rupee witnessed its highest decline in a month as it was dragged lower by a strengthened US dollar and a sharp increase in crude oil prices. The rupee fell by 29 paise to end at Rs 83.04 against the dollar on Tuesday, according to data from Bloomberg. Similarly, it had fallen by 33 paise on August 2.

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[–] xuxebiko@kbin.social 2 points 2 years ago

Befor 2014, or should we say when we were a democratic republic with a higher quality in our public debates, the rise & fall of our Rupee would be linked in the headlines to the government & its policies. And now?