Tag: Indian rupee loses 1.5%

Indian rupee loses 1.5% in biggest single-day fall for 20 months

The Indian rupee lost 1.5% on Wednesday, suffering its biggest single-day fall in 20 months as the central bank mapped out plans for a massive government bond buying programme. The partly convertible currency ended at 74.55 per dollar versus its previous close of 74.43, having earlier touched 74.5550, […]

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