The Indian rupee continued its downward journey on Monday, sliding another 16 paise to 74.03 against the US dollar in opening trade, tracking weak opening in domestic equities amid mounting fears of a coronavirus-led economic slowdown. Forex traders said weak opening in domestic equities and foreign fund outflows dragged the local unit.
The Indian rupee continued its downward journey on Monday, sliding another 16 paise to 74.03 against the US dollar in opening trade, tracking weak opening in domestic equities amid mounting fears of a coronavirus-led economic slowdown. Forex traders said weak opening in domestic equities and foreign fund outflows dragged the local unit.
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