Indian Rupee Hits Record Low Against US Dollar

The Indian rupee plummets 0.6% to an all-time low of 85.7437 per dollar, marking the biggest one-day drop since February 2023. Explore the factors affecting emerging markets.

A digital illustration of currency exchange rates with a focus on the Indian rupee and US dollar, se
Indian Rupee Hits Record Low Against US Dollar

The Indian rupee dropped 0.6% to a record low of 85.7437 per dollar, the largest single-day loss since February 2023.

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