Indian rupee

Rupee Plummets: Record Low vs USD Amid Middle East Crisis

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Indian Rupee Plummets to Record Low as Middle East Instability Fuels Economic Concerns February 29, 2024 – Archyworldys Mumbai, India – The Indian Rupee experienced a significant downturn today, reaching an unprecedented low of 93.86 against the US dollar. This decline is largely attributed to heightened geopolitical tensions in the Middle East and the resulting … Read more

Rupee Falls: RBI Eyes Currency Amid Asia Risk-Off

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A concerning trend is solidifying in the Indian currency market: the Rupee has now crossed 90.66 against the US dollar, a level not seen in recent times. But this isn’t simply a reaction to immediate market forces. It’s a harbinger of a potentially prolonged period of defensive positioning for the Rupee, driven by a confluence … Read more

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