Rupee's Record Low Has Traders Watching For RBI's Line In Sand | World Business Watch

Traders are wondering what the new head of India's central bank will do next as the rupee breaks beyond 85 to the dollar for the first time ever. The Indian currency is projected to continue its decline after hitting a new record low on Thursday. This is broadly driven by the dollar getting a boost from fewer federal reserve rate cuts next year.

#rupee #india #business

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