Re loses to dollar, but wins against other heavyweights - Economic Times

5/20/2022 12:00:00 AM2 years 11 months ago
by Saikat Das and Shailesh Kadam
by Saikat Das and Shailesh Kadam
The rupee has shed about 4.32% against the dollar this calendar year; by contrast, it has advanced up to 6.21% against the other major global currencies, Bloomberg data compiled by ETIG showed.
The rupee's recent slide vis-a-vis the US dollar masks its relative strength against a basket of top world currencies, including the pound, euro, yen and yuan, illustrating the evident disconnect bet… [+2841 chars]
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