💨 Abstract

The Indian rupee remained near record lows on Tuesday due to a fall in regional currencies, with mild support from state-run banks. The rupee has declined 0.3% this month, but has fared better than its regional peers. The dollar index reached its highest level in over two months, causing other Asian currencies to drop. Foreign banks were seen buying dollars.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖