Rupee Weakens To Record Low: What Triggered This Dive & How Will India Rebound?
In today's episode of India Global, the rupee dropped 12 paise to an all-time low of 85.06 against the US dollar in early trade today, as a hawkish tilt from the US Federal Reserve sparked a broad dollar rally. The rupee’s decline is not an isolated event, as other Asian currencies also weakened during the day. The Korean won, Malaysian ringgit, and Indonesian rupiah all fell by 0.8%-1.2% during the day. NDTV's Ankit Tyagi speaks to Prof Arun Kumar, Senior Economist And Prof Santosh Mehrotra, Senior Economist, Visiting Professor, Centre For Development, University Of Bath, UK. #Rupee #DollarRally #AsianCurrencies #FederalReserve #USDollar #IndianRupee #CurrencyWeakening #GlobalEconomy #EconomicImpact About NDTV (English news channel): NDTV is India's Most-Trusted News Broadcaster with the latest updates in news, sports, entertainment and much more from within India and around the world. Watch big political debates, exclusive entertainment interviews, news bulletins, current affairs, talk shows and tech reviews with our 24x7 news live streams, packed with credible information across all platforms: TV, Internet and Mobile. For Latest Videos, click here: • Latest News & Updates | NDTV 24x7 To watch NDTV 24x7's premium shows listed together for your easy access, click here: / @ndtv For Ground Reports and Analysis from NDTV's reporters and anchors of day's top news stories, click here: • Reporter Vlogs For News in Shorts, click here: • News In Shorts Subscribe to our channel to get latest news updates. Follow us on Social Media: Like us on Facebook: / ndtv Follow us on Twitter: / ndtv Follow us on Instagram: / ndtv Follow us on WhatsApp: https://whatsapp.com/channel/0029Va4l... Join NDTV on Telegram Messenger: https://t.me/NDTVbot/?start=hi Follow us on Google News for Breaking and Latest News Updates: NDTV: https://bit.ly/3e5ngbP NDTV India (Hindi News): https://bit.ly/3mNVwMY Download NDTV Mobile Apps: http://www.ndtv.com/page/apps #BreakingNews #LatestNews #TodayNews #News #IndiaNews #NDTV #CurrentAffairs
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