Indian rupee hits record low, market watches for cenbank to intervene
Published on: Monday 16 May 2022
The Indian rupee weakened on Tuesday, to touch a record low of 77.73 versus the dollar, tracking broad gains in the U.S. currency alongside weakening in offshore markets, with traders watching the domestic share market for clues to fund flows.
News source: https://www.reuters.com/markets/rates-bonds/indian-rupee-hits-record-low-market-watches-cenbank-intervene-2022-05-17/
