The Indian rupee reduced a record of 87.40 against the US dollar, which was inspired by a major weekly settlement in the interventions of the Non-Dilivable Forward Market and the Reserve Bank of India. Forex Advisor KN Day explains factors behind this decline and what is further, including Donald Trump and Narendra Modi as well as possible relief from upcoming talks between tariff-related developments. See for significant insight into the rupee movement.
(Tagstotransmit) Rupee depreciation