Published 2 years ago

Rupee falls 43 paise to all-time low of 81.52 against US dollar

Summary by Ground News

The rupee depreciated 43 paise to an all-time low of 81.52 against the US dollar in early trade on Monday. The strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit. escalation of geopolitical risks due to conflict in Ukraine, a negative trend in domestic equities and significant foreign fund outflows sapped the investor appetite.

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Times of India

Rupee falls 43 paise to all-time low of 81.52 against US dollar

The rupee depreciated 43 paise to an all-time low of 81.52 against the US dollar in early trade on Monday as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit. Moreover, escalation of geopolitical risks due to conflict in Ukraine and significant foreign fund outflows sapped the investor appetite, forex traders said.

2 years ago·India

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The Hindu

Rupee falls 43 paise to all-time low of 81.52; Sensex tumbles

On Friday, the rupee slumped 30 paise to close at a fresh lifetime low of 81.09 against the U. S. dollar.

2 years ago·India

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NDTV

Rupee Hits All-Time Low As Major Currencies Crack Against Dollar

The rupee hit a new record low against the dollar, slipping well past 81.50 per dollar on Monday.

2 years ago·New Delhi, India

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Hindustan Times

Rupee falls 43 paise to all-time low of 81.52 against US dollar: Report

At the interbank foreign exchange, the rupee opened at 81.47 against the greenback, then fell to 81.52, registering a fall of 43 paise over its previous closing. On Friday, the rupee slumped 30 paise to close at a fresh lifetime low of 81.09 against the US dollar.

2 years ago·New Delhi, India

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Indian Express

Rupee falls 43 paise to all-time low of 81.52 against US dollar

The Indian rupee is likely to remain weaker as investors expect that the US Fed will continue to hike interest rates aggressively to cool inflation, Sriram Iyer, Senior Research Analyst at Reliance Securities, said.

2 years ago·India

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