Indonesia, which is among the largest economies in Asia, and is said to be the largest trading partner of India in the ASEAN region India and Indonesia are expected to soon seal a deal for settling bilateral trade in domestic currency, shunning the US dollar. India and Indonesia trade was of around $39 billion last year, it was India’s sixth …
The rupee on Monday fell to an all-time low of 77.44 against the U.S. Dollar due to a sell-off in equities amid concerns around weakening global economic growth prospects, outflow of dollar and on fears of further tightening of monetary policy by central banks to counter rising inflation. "A sell-off in the global equity markets which was triggered by the …