Rupee Hits Fresh All-Time Low Of 85.80: Why Is Indian Currency Falling Against Dollar? – News18
Last Updated:December 27, 2024, 1:41 PM IST The rupee fell to its fresh all-time low level on Friday on the back of dollar buying related to the expiry of the December currency futures contract and maturing NDF (non-deliverable forward) positions as well as month-end dollar demand. At the interbank foreign exchange, the rupee opened weak…