Tag: Thehindu markets news

Rupee falls 8 paise to hit new record low of 85.35 against US dollar in early trade

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Rupee falls 8 paise to hit new record low of 85.35 against US dollar in early trade

At the interbank foreign exchange, the rupee opened weak at 85.31 and slipped further to hit its lifetime low of 85.35 against the greenback, registering a loss of 8 paise from its previous closing level. Representational image | Photo Credit: Reuters The rupee slid for the fourth straight session, depreciating 8 paise to hit a…

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Rupee falls 23 paise to hit fresh record low of 85.50 against U.S. dollar

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Rupee falls 23 paise to hit fresh record low of 85.50 against U.S. dollar

The Rupee’s earlier sharpest one-day fall of 68 paise was recorded on February 2, 2023. File | Photo Credit: Reuters The Rupee fell steepest in almost two years to hit its lifetime intraday low of 85.80 before a suspected Central bank intervention helped recover some of its losses and settled 23 paise lower at a…

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