Rupee is falling against US dollar but why?
The rupee has lost over six per cent against the dollar since the beginning of 2022, including an erosion of 1.97 per cent so far in June.
Source: indiatoday.in
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Indian rupee hits record lows against US dollar despite cenbank intervention
The partially convertible rupee ended at Rs78.9650/9750 per US dollar (Dhs21.49) after touching a lifetime low of Rs78.97. The currency had closed at Rs78.77 on Tuesday.
Source: gulftoday.ae