Indian rupee nears record lows amid stalled trade talks
pre-market1 source ↓written by the desknot a recommendation
- in outflows
- $17.7 billion
The Indian rupee is trading near all-time lows, currently around 90 to the US dollar, following stalled US-India trade negotiations. Foreign investors have withdrawn $1.3 billion from Indian stocks in December, contributing to a total of $17.7 billion in outflows this year. This situation raises concerns about further weakness if trade talks do not progress.
Not investment advice. For informational purposes only.