[ad_1] Last Wednesday, the rupee slipped past the ₹90 per dollar mark. While this drop is labelled as ‘psychologically significant,’ the underlying economic factors haven’t changed much. Yet a specific set of recent events has added fresh momentum, decisively tipping the scales against the currency. The rupee’s rise or fall depends on two main factors: […]
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[ad_1] Multiple headwinds at varied points of time impacted the Indian economy’s thorough economic revival in the calendar year 2022. The year started with the threat emanating from the Omicron variant which settled towards the later end of the succeeding month. This was followed by the Russian actions in Ukraine and the ensuing disturbances in […]
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[ad_1] On the domestic equity market front, the 30-share Sensex was trading 532.74 points or 0.96 per cent lower at 55,142.58 On the domestic equity market front, the 30-share Sensex was trading 532.74 points or 0.96 per cent lower at 55,142.58 The rupee depreciated 5 paise to 77.71 against the U.S. dollar in opening trade […]
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