Rupee might slide further before rebounding and finding right level. Here's why

The fall of the rupee has been precipitated by global factors and an unusual strengthening of the dollar against almost all major currencies of the world. While the rupee has performed way better against the greenback than biggies such as the pound and the euro, the runaway dollar can’t be taken lightly since it has a massive fallout on India’s import bills and inflation.

from Economy-News-Economic Times https://ift.tt/XolrYFx
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