Finance
DoggfatherRupee Takes a Chill Pill, Hits 91.96 Per Dollar Low
Yo, listen up! The rupee just took a nosedive to 91.96 per dollar on Friday, feelin' that FPI outflow pressure, ya dig? It's the worst in Asia, slippin' 0.36 percent, and if this keeps up, we might see it breach 93 soon, fo' shizzle!
few days ago | Anjali Kumari
Quick rundown
1.Rupee hits a new low of 91.96 per dollar.
2.RBI intervenes cautiously in currency markets.
3.Exporters hold dollars amid trade talk stalls.
4.Rupee undervalued by 3% to 4% according to experts.
5.Continued FPI outflows pressure the Indian rupee.
