The rupee showed strength against the US dollar after weeks of weakness, and experts believe this turnaround is due to a mix of market factors, central bank action, and improving global trade sentiment.
Abhishek Goenka, Founder and CEO of India Forex and Asset Management, said that the rupee had remained weak earlier even when the dollar had softened globally.
“The rupee had weakened despite the fact that the dollar had weakened globally. And we were the worst performer. Maybe this was because of the tariff situation that India was facing, the maximum amount of tariffs that wer
Continue Reading on India Today
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.