NewsX: Indian Rupee opens at 68.10 against the U.S Dollar
NewsX
2019-03-01
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The rupee down-slide continues as it opened at 68.10 against the U.S dollar today morning. Currently it is trading at 68.58.
Though the markets are trading in green, rating agencies have downgraded the Indian economy. In fact they have predicted the GDP around 4 and 4.5 per cent for the current quarter.
Remember, the Indian markets crashed on Tuesday amid fears of Israel-U.S missile test, geo-political tensions in West Asia. Further, if U.S announces stimulus tapering it may further depreciate the rupee.
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Though the markets are trading in green, rating agencies have downgraded the Indian economy. In fact they have predicted the GDP around 4 and 4.5 per cent for the current quarter.
Remember, the Indian markets crashed on Tuesday amid fears of Israel-U.S missile test, geo-political tensions in West Asia. Further, if U.S announces stimulus tapering it may further depreciate the rupee.
--
For More information on this news visit : http://www.newsx.com/
Connect with us on Social platform at : http://www.facebook.com/newsxonline
Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive
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