Rupee hits record low of 96.83 against dollar
The rupee fell by 30 paise to a record low of ₹96.83 against the US dollar, with the dollar index at 99.36. This decline may affect import costs and inflation, impacting market sentiment.
pre-market1 source ↓written by the desknot a recommendation
- to close
- 30 paise
- against the US
- ₹96.83
- during intra-day trading
- 99.36
The rupee depreciated by 30 paise to close at a record low of ₹96.83 against the US dollar. This decline reflects ongoing pressures in the forex market, with the dollar index at 99.36 during intra-day trading.
This depreciation may impact import costs and inflation, influencing market sentiment among traders.
Not investment advice. For informational purposes only.