Indian Rupee Slips to Record Low Amid US Visa Fee Hike and Weak Foreign Flows
The Indian rupee plunged to an unprecedented low against the US dollar on Tuesday, driven by a sharp increase in US H-1B visa fees and slowing foreign investment in India. The currency fell to ₨ 88.7975 per US dollar before settling at around ₨ 88.7550—marking its steepest one-day drop in about a month. So far … Read more
