Rupee Plunges To All-time Low Of 82.33 Against Dollar

Rupee plummets to a record lowest of 82.33 against the dollar

New Delhi, Oct 7 : Indian rupee on Friday fell sharply to its all-time low of 82.33 against the dollar owing to a rise in US bond yields and firming up of crude oil prices.

 Rupee Plunges To All-time Low Of 82.33 Against Dollar-TeluguStop.com

Rupee had closed at 81.89 on Thursday.

It was trading at 82.30 against the dollar in the morning after opening at 82.19 a dollar.Later, it touched an all-time low of 82.33 against the dollar.

The all-time low plunge in the rupee has come a day after the World Bank had on Thursday cut India’s growth forecast for this financial year by a full percentage point amid rising inflation and adverse geo-political conditions.


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