Dollar VS Rupee: Rupee at record low against dollar… crossed 85, impact of US Fed policy; interest r

Peoples Update19 Dec, 2024News

Business Desk. The rupee has now reached a record low against the dollar. The rupee is showing such weakness due to many other factors including the US Fed's decision. On Thursday, the rupee weakened further and for the first time fell to the level of 85 against the dollar. On Wednesday, it closed at 84.95. The impact of the Indian and global economy is behind this fall.