Fixed Income And Currency Market

19 Aug 2018

Heightened Global Uncertainty in Likely to Keep INR Under Pressure

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The INR fell to below Rs 70 to the USD for the first time ever on the 14th of August 2018 and touched an all-time low level of Rs 70.40 to the USD, on the back of Turkish Lira collapse and widening trade deficit.

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Ketan Verma
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