Photo: The Indian Express

Rupee Decline By All Time Low Of 40 Paise Against US Dollar

The rupee depreciated 40 paise to an all-time low of 81.93 against the US dollar in early trade on September 28. With this fall, the American currency strengthened and risk-averse sentiment among investors weighed on the local unit. Moreover, a negative trend in domestic equities and significant foreign fund outflows sapped investor appetite. In addition, at the interbank foreign exchange, the rupee opened at 81.90 against the greenback.

Wed, 28 Sep 2022 - 04:40 PM / by Varsha Joshi

Tags: business, Market Trade, INDIAN MARKET, Rupee, US Dollar