Mumbai: The rebounded by 18 paise to 70.71 against the US dollar in early trade on Thursday, a day after the Reserve Bank of India cut the key interest rate by 35 basis points. At the interbank foreign exchange, the rupee witnessed high volatility against the US dollar. The local unit opened strong at 70.80 […]
Read MoreMumbai: The rupee dropped 8 paise to finish at 70.89 against the US dollar on Wednesday after the RBI cut the key interest rate and lowered the growth estimate for the current fiscal. This is the fifth straight session of loss for the domestic currency, during which it has lost a hefty 210 paise. During […]
Read More