RUPEE WEAKENS AFTER THE ANNOUNCEMENT OF 2020 UNION BUDGET

Highlights:

• The rupee slumped by 30 paise and settled at 71.65 against the US dollar.
• The Finance minister in the Union Budget 2020 announced that the fiscal deficit for the current fiscal year will be 3.8 percent compared to previous estimates of 3.3 percent.
• According to the brokerage firm Motilal Oswal Financial Services, today the USDINR pair is expected to be in the range of 71.50 a....
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  Tags : Rupee, coronavirus, Forex, Dollar, Union Budget,

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