Rupee hits record low amid foreign investment concerns
after close1 source ↓written by the desknot a recommendation
- against the US
- ₹96.25
- from the previous
- 44 paise
The Indian rupee fell to a record low of ₹96.25 against the US dollar, down 44 paise from the previous close. This decline is attributed to rising crude oil prices, global uncertainties, and a strengthening US dollar. Economists warn that this trend could deter foreign investments, impacting market sentiment significantly.
Not investment advice. For informational purposes only.