Tuesday, March 8, 2022

Lowest Ever Closing For Rupee At 77 Per Dollar

Sliding for the fifth consecutive day, the rupee depreciated by 7 paise to close at a lifetime low of 77 against the US dollar on Tuesday, weighed by surging crude oil prices amid the Russia-Ukraine war. Heavy foreign fund outflows and prevailing risk aversion globally added to the woes, forex traders said.

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