Rupee drops to all-time low of 83.99 vs USD on oil worries, equity outflows
Reuters
Oct 11, 2024 11:19 AM IST
The Indian rupee fell to a record low of 83.9900 against the US dollar, driven by rising oil prices and foreign capital outflow from equity markets.
India's rupee dropped to an all-time low of 83.9900 versus the dollar, exacerbated by increasing oil costs and a flight of foreign investments from equities.
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