Rupee continues to tumble, rupee opens at 'all-time low' 81.93 against dollar

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- Selling pressure from foreign investors in the share market also weakened traders' sentiment

New delhi date. 28 September 2022, Wednesday

The Indian currency rupee continues to depreciate against the dollar. Today, the rupee opened at an all-time low of 81.93. Due to reasons including sell-off in the stock market, depression, the global market is seeing continuous buying in dollars. Due to this, the Indian currency rupee opened at another historic low against the dollar today.

This fall in the rupee is the biggest fall ever. Today the domestic currency opened at 81.93 to the dollar and with it the rupee has set a new 'all time low' record. The rupee today touched a fresh all-time low of 81.93 against the US dollar amid losses in global equity and currency markets. At 09:30 am, the rupee was trading at 81.86 per dollar, down 0.42 percent from the previous close of 81.58.

Selling pressure from foreign investors in the share market has also weakened traders' sentiments. In the past one week, FIIs sold over Rs 10,000 crore in local equities.


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