Mumbai: The Indian rupee breached the 72 per US dollar mark for the first time Thursday.
Around 1 pm, the rupee traded around 72.05 per dollar, against Wednesday’s closing of 71.76 per greenback.
According to analysts, the fall in the rupee is due to the Sino-US trade tensions along with high crude oil prices and outflow of foreign funds.
Finance Minister Arun Jaitley Wednesday said external factors have caused the depreciation of the rupee.
It is the fifth week running since US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu launched the war...
Read moreDetails
While a big war is being waged in the Middle East, global attention has moved away from another theatre of...
Read moreDetails
Fuel has been a long-time great economic and political tool in the hands of the government in India. It enables...
Read moreDetails
Consider this thought experiment. Imagine that two large missiles struck the White House. The first hit the residential quarters at...
Read moreDetails
