Business News: MUMBAI: The rupee fell to a record low in the last minute of trade on Wednesday, on the back of heavy demand for the dollar and elevated US yields.
The RBI is reportedly selling dollars in the foreign exchange market to prevent Rupee from hitting an all-time low. - Rupee Hits 1-year Low Of 83.28 Against US Dollar
Rupee Today: The rupee slumped on Monday as the dollar extends gains to hit a five-week high after policymakers from Asia to Europe to Americas promised to keep raising interest rates.
The rupee hit 80 per dollar for the first time ever on Tuesday, as traders focus on central bank meetings this week, especially the US Federal Reserve.
Rupee Vs Dollar Rate Today: Rupee Gains For 3rd Session, Settles Higher To 74.19 Against Dollar Amid Market Rally ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.