Rupees Hits Record Low For 4th Day | Rupee Nears 80 Per Dollar | Latest English News
July 14, 2022
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2:43Now PlayingRupees Hits Record Low For 4th Day | Rupee Nears 80 Per Dollar | Latest English News
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as posted by the channelIn the latest updates, the Rupee has hit the record low for the 4th day. The Rupee stands at 79.91 against the US dollar. According to the sources, this started when Russia invaded Ukraine and since then Rupee has hit new record lows 26 times and this alone Rupee has hit 5-time lows. The dollar resumed its relentless rise, driven by both expectations for faster policy tightening by the Federal Reserve and safe-haven flows as fears grow for a recession. Recently, there was a big announcement that was made as far as trying to make the Rupee globally acceptable for trade by letting settlements happen in the Indian currency. Watch the entire video to know more.
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