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The last time the rupee fell sharply in a single day was on November 21, 2025, when it plunged by 93 paise. The rupee crashed on Wednesday to close at an all-time low of 91.6950, pressured by a host of factors including outflows due to FPI sales in Indian stock markets, corporate demand, the impact […]
The last time the rupee fell sharply in a single day was on November 21, 2025, when it plunged by 93 paise. The rupee crashed on Wednesday to close at an all-time low of 91.6950, pressured by a host of factors including outflows due to FPI sales in Indian stock markets, corporate demand, the impact […]
Indian currency again falls past the 90 mark against the dollar | Photo credit: ALLEN EGENUSE J The latest cut in repo rate, RBI’s recent announcement that it will implement a three-year USD/INR buy/sell swap, continued FPI-related outflows from equity markets and continued uncertainty over a rate deal with the US weighed on the rupee […]
