|
|
|
|
Rupee touches fresh record low against US dollar, closes at 78.04
|
|
|
|
| Top Stories |
 |
|
|
|
IANS | 13 Jun, 2022
The
Indian currency rupee breached the Rs 78 mark against the dollar for
the first time ever on Monday, hitting a new lifetime low against the US
dollar.
The rupee closed Monday's trade at Rs 78.04 per US dollar, after depreciation as low as Rs 78.29 in intra-day deal.
"There
is no fresh trigger to predict if the rupee will be 79 or 80 unless and
until there is a conflict between US and China with regards to Taiwan,
other than that there shouldn't be any correction towards 77 or 77.50 in
the spot," said Emkay Global Financial Services in a note.
The
rupee might see more weakness ahead of the US monetary policy review
meeting starting later this week, where the US Fed is expected to hike
rates and showcase a more aggressive action, said Jigar Trivedi,
Research Analyst, Commodities & Currencies Fundamental, Anand Rathi
Shares & Stock Brokers.
However, runaway depreciation might not happen amid the central bank's intervention, Trivedi said.
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
|
₹91.35
|
89.65 |
UK Pound
|
₹125.3
|
₹121.3 |
Euro
|
₹108.5
|
₹104.85 |
| Japanese
Yen |
₹58.65 |
₹56.8 |
| As on 19 Feb, 2026 |
|
|
| Daily Poll |
 |
 |
| What is your primary "Make or Break" expectation from the Finance Minister this year? |
|
|
|
|
|
| Commented Stories |
|
|
|
|
|
|
| |
|
