US Dollar and Indian Rupee

Photo: iStock

Rupee Falls 30 Paise To 77.55 Against US Dollar, New Low For Second Time In A Week

The Indian rupee fell 30 paise to an all-time low of 77.55 versus the US dollar in early trading on May 12 following a larger loss in Asian currencies and a disappointing performance in domestic equities markets. For the second time this week, the rupee has hit a new low. The rupee was trading at 77.25 against the dollar in the previous session. 

Thu, 12 May 2022 - 01:55 PM / by Vidhi Jhunjhunwala

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