Let's look at how factors like interest rate hikes, imports and exports, employment, and foreign exchange reserves affect the rupee's movement.

Currencies have garnered investors’ attention lately, as the dollar continues to appreciate against the weakening rupee and euro.

On Thursday morning the markets opened lower only to plunge deep as the day advanced. The bear tightens its grip over the global markets as Russia advances its efforts to invade East Ukraine despite all the warnings from the USA and the United Nations. This has led to a surge in crude oil prices hitting a 7-year high and has almost crossed the USD 100 per barrel mark.