The Brief: Rupee At 80: Is This The New Normal?
The U.S. rate hike trajectory and crude oil prices to keep currency on the boil for now.
rupee fall
August 2022
July 2022
Rupee breaches 80 per US dollar mark for first time
The domestic currency has been in a freefall for the past few weeks due to strengthening greenback.
Global monetary tightening, costly crude, Ukraine crisis led to Re fall: FM
Sitharaman informed Lok Sabha that the Reserve Bank of India regularly monitors the foreign exchange market and intervenes in situations of excess volatility.
