Rupee Hits Record Low Against Dollar, Trading at 77.28 a Dollar

[{"selector":"#anim-7fefeed6-0f11-45c2-a779-0a8228a0f55c","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c8c076a0-e96f-47a3-877b-7d9d0a31b1be","keyframes":{"transform":["translate3d(0px, 151.11110%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91ea9d97-7af4-4a59-9f3e-e34f74abd776 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(48.681985198145696%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Rupee touched an all-time low against the dollar this morning. The fall in currency was also after continued selling by foreign investors.

[{"selector":"#anim-bfa047ed-a09b-4076-9b0e-1f927f02abcb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.514648210040342%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-488ce4bc-06c5-4786-aa7a-6e52d5dd5b0a","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6fba2789-e1a4-4fc1-abf0-8c4ef5633d43","keyframes":{"transform":["translate3d(0px, 182.70339%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The home currency was trading at 77.28 a Dollar at 9.10 am, hitting a record low.

[{"selector":"#anim-13701860-f9af-470a-8c62-6b3f50b4a291 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.90624987200394%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-99bd71cc-71d3-4988-9d15-487ff8af7db0","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d018a1ed-6916-43e1-945f-8801984b8590","keyframes":{"transform":["translate3d(0px, 179.61058%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The rupee opened at 77.06 and touched a low of 77.31 a dollar.

[{"selector":"#anim-afeae979-d9ca-4a71-9b3f-bef0e0e82958 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(29.076704418492806%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-8305d7e9-1dd3-48b4-8d24-4c645c5b0d19","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6ffda681-835c-4698-b451-9e9e1aa0174d","keyframes":{"transform":["translate3d(0px, 162.57778%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The last time the rupee hit a low, it was on March 7, 2022, when the rupee touched 76.98 against the dollar.

[{"selector":"#anim-373e5134-f9ad-4916-a800-46c87943af65 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3ffd1f02-3ec0-4a2a-8646-8d233b16a2a0","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f8c8ac6d-c6d4-4fee-9a43-39fe2bda26da","keyframes":{"transform":["translate3d(0px, 149.18615%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Global markets fell as traders questioned whether the Federal Reserve's interest rate hike was enough to tackle inflation.

[{"selector":"#anim-621d86cb-6441-4fdc-af9b-b41901d9b18a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.220440398840665%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-eae716d0-9d76-4397-9c7d-f50ef6e21d63","keyframes":{"opacity":[0,1]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d49a2012-a5ce-4aab-b514-483533b47d37","keyframes":{"transform":["translate3d(0px, 167.65746%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-96f35323-71ff-4426-a95b-4c49974933df","keyframes":{"opacity":[0,1]},"delay":750,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Chinese leaders warning against doubting their zero-COVID stance are also contributing to the ongoing economic situation. Source: Moneycontrol