Tag: financial market analysis
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Indian Rupee under pressure amid returning Dollar strength
Rupee risks entering triple-digit territory Foreign investor outflows hit record highs Metal Intelligence Centre: Since September 2022, the Indian Rupee has depreciated by nearly 16%, despite the US Dollar Index (DXY) falling around 14% during the same period. This divergence is highly unusual. Historically, the Rupee has typically appreciated during phases of Dollar weakness, as…