Indian rupee logs over 4% gain this fiscal amid headwinds on economic front


Source: cnbctv18.com cnbctv18.com

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Indian rupee logs over 4% gain this fiscal amid headwinds on economic front Updated : March 29, 2021 02:55 PM IST The financial year 2020-21 has been a roller-coaster ride for the rupee due to COVID-19. The pandemic-induced massive sell-off in the equity market led the rupee breach record low of 76.90. The local unit is likely to average around 73.50-74 in the financial year 2021-22. PTI share The Indian rupee has logged over 4 percent gain so far this fiscal, as sustained foreign fund inflows and the RBI’s deft policy manoeuvring ensured a strong year for the Indian currency...