Several factors including escalating domestic political tension, low foreign exchange reserves have contributed to the free-fall of currency
Several factors including escalating domestic political tension, low foreign exchange reserves have contributed to the free-fall of currency
It fell to 79.88 against the US dollar
Currencies of both countries hit record lows against US dollar
RBI study shows flow of remittance declined to about 30 per cent in 2020-21
Indian rupee hit a record low of 80 against the US dollar
'I fear it will go down further', says official
The rupee slid 3 per cent against the dollar on Tuesday
The currency closed at 79.92 against the US dollar on Tuesday after breaching 80
Lower forex reserves pose concerns for the country's current account deficit
The currency, on Monday, closed at an all-time low of 79.45 against US dollar