scorecardresearchRupee hits 1-month high as Treasury rally, recession fears weigh on dollar

Rupee hits 1-month high as Treasury rally, recession fears weigh on dollar

Updated: 02 Aug 2022, 11:24 AM IST
TL;DR.
INDIA-MARKETS-RUPEE:Indian rupee hits 1-month high as Treasury rally, recession fears weigh on dollar
Indian rupee banknotes arranged for a photograph at a general store in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg

Indian rupee banknotes arranged for a photograph at a general store in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg