Historic Rupee Low Forecasts Grow as Oil Costs Widen Deficits
Updated: 06 Jun 2022, 07:27 AM IST
TL;DR.The worst is still to come for the Indian rupee after its slide in May to a historic low, according to analysts and forward markets.
FILE PHOTO: A worker fills diesel in a car as he holds 500 Indian rupee banknotes at a fuel station in Kolkata, India, November 9, 2016. REUTERS/Rupak De Chowdhuri