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, as the dollar index reached 99.36. This decline may affect import costs and inflation, influencing forex trading strategies.
pre-market1 source ↓written by the desknot a recommendation
- to close
- 30 paise
- against the US
- ₹96.83
- during intra-day trade
- 99.36
The rupee depreciated by 30 paise to close at a record low of ₹96.83 against the US dollar. The dollar index was at 99.36 during intra-day trade, reflecting the dollar's strength against other currencies.
This depreciation may impact import costs and inflation, influencing trading strategies in the forex market.
Not investment advice. For informational purposes only.