💨 Abstract

On Thursday, the Indian rupee hit a record low against the U.S. dollar, influenced by rising U.S. Treasury yields and a decline in most Asian currencies. The rupee was trading at 85.2400 to the dollar, up from 85.20 on Tuesday. This occurred as Indian financial markets were closed on Wednesday. The 10-year U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖