Tag - kansas city fed

Rupee slips to all-time low of 80.15 after US Fed signals more rate hikes


Indian Rupee (INR) crashed and dipped 31 paise against US Dollar, sinking to an all-time low of 80.15 against the greenback after US Federal Reserve Chairman Jerome Powell signaled more interest rate hikes ahead. On Monday morning, the rupee opened at 80.0750 against the US dollar and against its previous close of 79.8650.  INR's previous...