Rupee at new low of 83.65 on strength in greenback

Rupee at new low of 83.65 on strength in greenback

The Indian rupee weakened to a record low versus the US dollar Thursday as broad gains in the American currency globally and corporate outflows hurt the local unit, traders said. The Indian currency shed 0.2% against the dollar to settle at 83.6525/$1, a new closing low, LSEG data showed. During trade, the rupee weakened to … Read more