Rupee falls below 83 mark for first time against US dollar
The currency dropped 69 paise during the intra-day trade to close at 83.01.
Source: scroll.in
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The currency dropped 69 paise during the intra-day trade to close at 83.01.
The significant decline in the rupee has made studying abroad costlier.
The rupee opened at 82.19, then fell further to 82.43 and finally settled for the day at an all-time low of 82.32 against the American currency At the interbank foreign exchange market, registering a decline of 15 paise over its previous close.
Rupee rose by 24 paise to close at 81.49 against the US dollar on Friday.
The domestic currency had breached the 81-mark for the first time last week.