Fixed Income And Currency Market

8 Jul 2018

Uncertainty Persists in Currency Markets on Multiple Issues

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Indian rupee slumped to its lowest-ever close on Thursday at Rs 68.88 against the USD, the previous closing low was the Rs 68.81, on August 28, 2013, when the currency was in a free fall as foreign investors pulled out from emerging markets in what came to be known as the ‘taper tantrum’.

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Ketan Verma
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