Rupee Drops Below 74 A Dollar Amid Growing RBI-Government Rift

The Indian rupee slid on speculation that the rift between the government and the Reserve Bank of India is widening. The currency fell as much as 0.5 percent to 74.0575 per dollar on Wednesday, after the Economic Times reported that the government invoked a rarely-used power to direct the central bank on matters of public interest. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961