A proposal to place Donald Trump on a new $250 banknote has reignited debate over US currency laws, Treasury practices and long-standing traditions governing banknote design.
The US is planning symbolic currency changes for its 250th year, but questions over legality and precedent are already triggering political and legal pushback in Washington.
Meanwhile, Brent crude, the international benchmark, was trading 0.71 per cent down at USD 76.79 per barrel.
At the Interbank Foreign Exchange, the rupee opened on a weak note at 73.44 and further slipped to hit an intra-day low of 73.47 against the US currency.
Traders said the selling of the US currency by exporters and foreign fund inflows were the other factors that provided support to the home unit.
The rupee weakened by another 13 paise to 65.16 against the dollar in early trade at the interbank foreign exchange…
The rupee on Wednesday positively reacted to India’s jump on Ease of Doing Business ranking by rising 12 paise to…
The rupee made a cautious rise of 7 paise to 64.78 against the US dollar on Tuesday as the US…
The rupee dropped sharply by 25 to 65.07 per dollar in early trade today amid gains in the US currency…
The rupee recovered by 7 paise to 64.95 against the dollar in early trade today on mild selling of the…
