- Merchandise trade deficit improves to USD $10.4B in May, better than the USD $11B in April.
- Imports fell 16.5% YoY, while exports fell 20%.
- REER over-valuation of INR and slackness in global economy continue to drag down exports. 34 more words
Tags » Indian Rupee
MUMBAI: The rupee fell by six paise at 62.32 against the dollar in ahead of schedule exchange on Wednesday at the Interbank Foreign Exchange because of valuation for the US cash abroad. 49 more words