The Indian Rupee (INR) declines against the US Dollar (USD) on Wednesday. The USDINR pair rises to near 88.30 ahead of the two-day Goods and Services Tax (GST) council meeting on Wednesday, aiming to revise tax slabs from four to two.
INR
Indian Rupee Goes From Asia’s Best to Worst in Two Weeks on Covid
The Indian rupee has turned into Asia’s worst-performing currency from being the best in the previous quarter. It’s poised for more losses as a resurgence in coronavirus cases to a record threatens to hamstring the economy.