Rupee declines to record low amid market uncertainty
pre-market1 source ↓written by the desknot a recommendation
- against the dollar
- ₹90.56
- from Thursday's close
- 24 paise
The Indian rupee fell to a new low of ₹90.56 against the dollar, down 24 paise from Thursday's close. This decline is attributed to weak global cues, heightened demand for the US dollar, and ongoing foreign investor outflows. Traders noted aggressive dollar purchases by importers amid rising global precious metal prices, adding pressure to the rupee's position. 📉
Not investment advice. For informational purposes only.