rupee vs us dollar

The Rupee breaching the psychological mark of 80 on Tuesday for the first time ever has set off alarms if this slump signals a further deterioration of the Indian economy. While a weaker Rupee tends to do more harm than good, some…

The Indian rupee on Tuesday lost 0.41 paise to close at 79.36 against the dollar on  concerns the current account deficit would widen more than anticipated after the trade deficit for June hit an all-time high. Moreover, the dollar…