Asian foreign exchange market continues to decline, rupee may fall to historic lows
Source: CoinWorld
Time: 2025-09-19 14:52:16
The Indian rupee fell to 88.32 against the dollar, close to an all-time low as the Federal Reserve's hawkish policy resulted in weakening Asian currencies. The U.S. Treasury yield rose as the dollar index rebounded to 97.46, backed by strong initial jobless claims figures. Both the Korean won and the Indonesian rupiah fell 0.5%.