Rupee hits record low as US dollar surges on Trump's early lead in US election results
The rupee slid to 84.1725 against the US dollar, marking a 0.07% decline from its previous close of 84.1075. It was last seen trading at 84.17.
The rupee slid to 84.1725 against the US dollar, marking a 0.07% decline from its previous close of 84.1075. It was last seen trading at 84.17.
Forex traders said uncertainty among market players was down as Narendra Modi was sworn in as Prime Minister on Sunday for a record-equalling third term
The local unit ended 1 paise higher at 83.33 a dollar as compared to previous close of 83.34
In the interbank market, PKR closed at a record low of Rs 299 against the US dollar
The rupee had hit a record low of 83.02 in the previous session
The rupee appreciated on positive domestic equities and a weak US dollar
On Friday, the rupee tumbled 19 paise to close at a fresh lifetime low of 77.93 against the US dollar