Re hits record low on buzz of Malhotra being dovish – Times of India
MUMBAI: The rupee hit a record low of 84.86 against the dollar on Tuesday before closing slightly higher at 84.85 – down from Monday’s close of 84.83. Govt bond yields fell, with the 10-year benchmark dropping one basis point to 6.7%.Sanjay Malhotra’s appointment as RBI governor has fuelled speculation of a dovish monetary policy shift,…