Photo: The Economic Times
Indian Rupee Hit All Time Low, Settles At 82.29 Against USD
The rupee depreciated 37 paise to 82.29 against the US dollar in early trade on March 8. The depriciation strengthen the American currency in the overseas market and a negative trend in domestic equities. Furthermore, at the interbank foreign exchange, the domestic unit opened weak at 82.25 against the dollar, then fell to 82.29, registering a decline, especially after rupee settled at 81.92 against the US dollar recently.
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