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USD/INR Falls Below 90 to Historical Low; Indian Central Bank Reportedly Sells Small Amount of Dollars
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While the US and India haven't yet reached a formal trade deal, USD/INR fell below today (3rd) the 90 mark, a critical psychological level. It once sank to a historical low of 90.2962 and last printed at 90.1450, down 0.3%. After the Indian central bank sold a small amount of dollars, the Indian Rupee slightly stabilized from its historical low, Bloomberg reported, quoting sources familiar with foreign exchange trading. AAStocks Financial News |
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