💨 Abstract
The Indian rupee hit an all-time low on Monday, influenced by a fall in most Asian currencies and strong demand for dollars from foreign banks. The rupee ended the day at 84.06 after dipping to 84.0750, and overseas investors sold $8 billion in Indian stocks over the last 10 trading sessions. Asian currencies were generally weak, with the offshore Chinese yuan down 0.3%.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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