Rupee crosses 75 per US dollar

rupees

For the first time Rupee crosses 75 per US dollar. Currently it fell to 75.31 against the dollar at days low. The Rupee has weighed down by selling of Indian stocks and bonds by overseas investors. The Reserve Bank of India disappointed markets by refraining from announcing interest rate cuts this year.  

Leave a Reply

Your email address will not be published. Required fields are marked *