Rupee hits record low as January performance falters
pre-market1 source ↓written by the desknot a recommendation
The rupee closed at its weakest level on 30 Jan 2023, nearing ₹92 against the dollar. The Reserve Bank of India intervened to prevent a close above this psychological mark, selling dollars at ₹91.93. This marks the worst monthly performance for the rupee in three years, raising concerns ahead of the upcoming Union Budget.
Not investment advice. For informational purposes only.