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Jul 18, 2022, 04.15 PM

Rupee nears record low of 80 against dollar

Finance Minister Nirmala Sitharaman reportedly said that the factors, such as a surge in crude oil prices and tight financial conditions, are responsible for the decline in the exchange rate of the Indian rupee.
 

This move comes due to surge in crude oil prices.

The rupee has hit a fresh record low with the psychological level of 80 mark against dollar.

This move comes due to surge in crude oil prices.

The rupee ended at 79.98 against the US dollar.

Finance Minister Nirmala Sitharaman reportedly said that the global factors, such as a surge in crude oil prices and tight financial conditions, are responsible for the decline in the exchange rate of the Indian rupee.
 

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