Indian rupee breaches 80 per dollar, hits new record low
Global Economy
20 July, 2022, 02:45 pm
Last modified: 20 July, 2022, 02:46 pm
The Indian rupee fell below 80 per US dollar for the first time on record Tuesday, as the greenback extended its rally and foreign capital outflows intensified.
The rupee sank to 80.0600 against the dollar soon after trading started, Bloomberg data showed.
Comments
While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.