India's Rupee Nears Record Low Amid Market Rebound
Indian markets extended their recovery for a second session, with the Nifty 50 climbing back after an eight-week slide. This rebound occurred despite the rupee nearing all-time lows and the country facing broader economic challenges.
8 per cent, its longest losing streak since 2020. The rebound came even as the rupee slipped to near all-time lows, while the country braces for…