The Indian Rupee Slips 9 Paise To 77.17 Against US Dollar

The Indian rupee has made fresh lows against the US dollar, falling 9 paise to 77.17, after the Federal Reserve signaled more rate hikes. It has also slipped into a narrow range, which makes it vulnerable to further depreciation. The central bank has increased its benchmark interest rates, in a bid to combat rising inflation. India’s Rupee Falls To Fresh […]