Indian Rupee Depreciation Hits 91: Stark Warning for Equities

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Mumbai (Maharashtra) [India], December 16: The Indian rupee has crossed 91 against the U.S. dollar. That single number is now echoing across bonds, stocks, and investor confidence.

What began as a currency wobble has morphed into a broader market warning. Both foreign and domestic investors are reassessing risk, and equities are feeling the heat.

Indian equities are clearly feeling the strain. Both benchmark indices opened lower and never found their footing through the session. The SENSEX…



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Indian Rupee Depreciation Hits 91: Stark Warning for Equities


Mumbai (Maharashtra) [India], December 16: The Indian rupee has crossed 91 against the U.S. dollar. That single number is now echoing across bonds, stocks, and investor confidence.

What began as a currency wobble has morphed into a broader market warning. Both foreign and domestic investors are reassessing risk, and equities are feeling the heat.

Indian equities are clearly feeling the strain. Both benchmark indices opened lower and never found their footing through the session. The SENSEX…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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