Abhishek Goenka Usa India outbreak Coronavirus Abhishek Goenka Usa India

Rupee may slide to 80 per US dollar by June-end, say analysts

Reading now: 349
www.livemint.com

The Indian rupee today edged closer to 77 a dollar and some analysts say that the Indian currency may hit 80 a dollar over next few months.

Today, the rupee hit 76.91 at day's low before closing at 76.67. Though the rupee has significantly outperformed other emerging market currencies in this coronavirus-related market mayhem, selling pressure from outflows from Indian will weigh on the Indian currency, say analysts.

But the pace of decline of rupee could be slow as compared to other emerging market currencies due to the sharp fall in global oil prices, say analysts. "Selloff in equities is a major threat for rupee going forward.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Kristen Stewart - Nicole Kidman - Jessica Chastain - Judi Dench - Steven Spielberg - Kenneth Branagh - Olivia Colman - Richard - Ariana Debose - Kirsten Dunst - Jesse Plemons - Oscars: List of 2022 nominations - fox29.com - state California - Los Angeles, state California - city Los Angeles, state California - Jordan - county Leslie
fox29.com
36%
194
Oscars: List of 2022 nominations
LOS ANGELES, CALIFORNIA – APRIL 25: In this handout photo provided by A.M.P.A.S., Academy Awards Oscar trophies are displayed backstage during the 93rd Annual Academy Awards at Union Station on April 25, 2021 in Los Angeles, California. (Photo by Ric LOS ANGELES - This year’s Oscar nominees have been announced.Actors Tracee Ellis Ross and Leslie Jordan are announcing the nominees for the 94th Academy Awards live on multiple platforms, including Oscar.com, Oscars.org, the academy’s social media accounts and on ABC’s "Good Morning America."RELATED: LeBron James, 'Space Jam' nominated for 4 Razzie AwardsThe nominees for best actress are: Jessica Chastain, "The Eyes of Tammy Faye"; Olivia Colman, "The Lost Daughter"; Penélope Cruz, "Parallel Mothers"; Nicole Kidman, "Being the Ricardos"; Kristen Stewart, "Spencer."The nominees for best supporting actress are: Jessie Buckley, "The Lost Daughter"; Ariana DeBose, "West Side Story"; Judi Dench, "Belfast"; Kirsten Dunst, "The Power of the Dog" and Aunjanue Ellis, "King Richard."The nominees for best supporting actor are: Ciarán Hinds, "Belfast"; Troy Kotsur, "CODA"; Kodi Smit-McPhee, "The Power of the Dog"; Jesse Plemons, "The Power of the Dog" and J.K.
DMCA