Rupee falls 9 paise to close at all-time low of 83.35 against US dollar
Mon, Nov 20, 2023 4:54 PM

Rupee falls 9 paise to close at all-time low of 83.35 against US dollar

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On Monday, India's rupee fell 9 paise to reach its all-time low of 83.35 against the US dollar. This was influenced by weakening domestic equities, foreign fund outflows and the increasing strength of the dollar. The forex reserves decreased by USD 462 million for the week ended November 10th, showing a pattern of accumulation in previous weeks.

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