Rupee falls to new low vs US dollar with 100-bp Fed rate hike on cards - Business Standard


7/14/2022 12:00:00 AM2 years 9 months ago
by Bhaskar Dutta

Rupee which had closed at 7964 at its previous close slipped to a low of 7992 intraday

The rupee closed at 79.88 against the dollar on Thursday to hit a new low, weakening 0.3 per cent against the greenback, as a sharper-than-expected rise in US inflation stoked speculation of the Fede… [+4496 chars]

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