23 Mar 2017 | 9:50 AM
Research Report
Weekly

Currency Research Report: Weekly Currency Report

Indian rupee witnessed its worst week in decades as rupee slumped to its lowest level of 68.93 against the dollar and slipped by close to 5 percent.
02 Sep 2013 | 10:09 AM

  •  Indian rupee witnessed its worst week in decades as rupee slumped to its lowest level of 68.93 against the dollar and slipped by close to 5 percent.
  • The rupee slid after the lower house of Parliament approved Food Security Law worth nearly USD 20 billion to provide cheap grain to the poor.
  • India's GDP numbers for the first quarter of this fiscal year came in at a four-year low of 4.4 percent versus 5.4 percent (YoY).
  • India's fiscal deficit during the April-July period was 3.41 trillion rupees, or 62.8 percent of the full-year target.