Rupee slumps 27 paise to hit record low of 86.31 against US dollar in early trade
2025-01-13 10:37:49
In early trading, the rupee drops 27 paise versus the US dollar to reach a record low of 86.31.
The rupee continued its decline on Monday, declining by 27 paise to hit a new lifetime low of 86.31 against the US dollar, marking the second consecutive session of losses. This slide was primarily driven by a strong US dollar, along with volatile global market conditions.
At the interbank foreign exchange, the rupee opened at 86.12 but quickly fell to the historic low of 86.31 in early trading, registering a 27 paise loss from its previous close of 86.04 on Friday.
