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Indian Rupee (INR) has come under renewed pressure against dollar and once again depreciated to a record low of 83.075 against US dollar touching another lifetime low on Thursday. Economists believe that INR will remain under pressure and may see 85 level in short-term period. INR vs USD: Economists Believe Indian Rupee Will Remain Under Pressure, May Fall to 85 Level Against US Dollar.

Continuing with the consistent depreciation, the rupee slipped further from the recent low and hit another lifetime low on Wednesday morning. This consistent de

Forex traders said the US Fed's rate hike and escalation of geopolitical risk in Ukraine sapped risk appetite.

On Thursday, the rupee fell 3 paise to close at a fresh lifetime low of 79.06 against the US dollar.

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