Rupee undervalued among peers, REER at lowest level since February 2019 (Soban News)

The rupee’s REER fell to 98.79 in July, the lowest since February 2019, with RBI easing intervention as FII outflows, rising imports and weak sentiment pressure the currency​The rupee’s REER fell to 98.79 in July, the lowest since February 2019, with RBI easing intervention as FII outflows, rising imports and weak sentiment pressure the currency ​Latest News [ SOBAN NEWS: International and National ]