Re falls to 84.28, biggest drop in over 4 months – Times of India
MUMBAI: The rupee suffered its largest decline in over four months, dropping 17 paise, or 0.2%, to close at 84.28 against the US dollar following Trump’s victory. Despite hitting a record low, the rupee performed relatively well compared to other currencies as the dollar strengthened significantly against global counterparts.Dealers said that RBI’s intervention helped limit…