Rupee hit all-time low as RBI governor change sparks rate cut hopes
The Indian rupee weakened to its all-time low on Tuesday as traders reacted to the appointment of career bureaucrat Sanjay Malhotra as the next Reserve Bank of India (RBI) governor by ramping up bets on rate cuts by the central bank next year. The rupee hit a low of 84.8575 against the US dollar before […]
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