Rupee hits record low of 91.31 against US Dollar
The Indian rupee fell to a record low of 91.31 against the US Dollar on January 21, down 0.37%, due to risk aversion linked to the Greenland dispute. The rupee nearly hit its previous low of 91.0525, with the Reserve Bank of India intervening to support it. The S&P 500 Index dropped about 2%, and Asian currencies showed mixed results amid a weaker dollar and risk-off sentiment. Concerns over Japanese bonds and upcoming events, including Trump's interview at Davos, are influencing market dynamics.
Money Control·