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 to dollar
August 2022
July 2022
May 2022
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.
Rupee at new low of 79.65 a dollar, inches closer to 80
Analysts expect rupee to further decline this week, just short of the 80 per dollar mark, amid strong dollar, recession and FII outflows.
Rupee in freefall! Hits new all-time low against US dollar
Analysts are apprehensive that the rupee might slip towards 78 levels if the macroeconomic difficulties persist.
