x

Rupee continues its freefall: Depreciates 39 paise to an all-time low 82.69 against US dollar in early trade

Shortpedia

Content Team
Image Credit: economic times

The rupee depreciated 39 paise to an all-time low of 82.69 against the US dollar in early trade on Monday as elevated crude oil prices and risk-averse sentiment among investors weighed on the local unit. Moreover, a negative trend in domestic equities and a firm American currency sapped investor appetite, forex traders said.