The Indian Rupee hit a new low against the US dollar, dropping to 84.37, influenced by foreign fund outflows and the US Federal Reserve’s recent interest rate cut. The Fed’s decision, along with global market uncertainties, has created a volatile landscape for the Rupee. Experts believe the Reserve Bank of India’s response will be crucial in navigating this situation.
Rupee slips 5 paise to all-time low of 84.37 against US dollar
