Indian Rupee Recovers From Record Low Against U.S. Dollar
2020年3月19日 - 5:38PM
RTTF2
The Indian rupee rebounded from its record low against the U.S.
dollar in evening deals on Thursday following intervention by the
Reserve Bank of India.
The Indian rupee rose to 74.86 against the greenback, from a
record low of 77.42 hit in the morning session.
The decline in the rupee was due to a stronger dollar, as
emergency stimulus measures launched by governments and central
banks around the world failed to ease investor fears that the world
economy is heading toward a recession.
Media reports said that the RBI had intervened when the rupee
reached the 75 mark to stem its decline.
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