Indian Rupee Suffers Biggest Drop in 2 Months | Vantage with Palki Sharma
The Indian Rupee just recorded its sharpest single-day drop in nearly two months, closing at 83.9225 against the US Dollar. Dollar demand from importers and foreign banks, along with heavy foreign investor sell-offs, have weighed heavily on the currency. With overseas investors pulling over $2.5 billion from Indian stocks, concerns are rising about market stability. Traders are now closely watching the Federal Reserve's latest meeting minutes and US payroll data. Palki Sharma tells you more.
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Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
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