Rupee falls 21 paise to hit fresh record low of 85.48 per US dollar
The Free Press Journal|December 28, 2024
The rupee opened weak at 85.31 and plunged 53 paise to the lowest-ever intraday level of 85.80
Rupee falls 21 paise to hit fresh record low of 85.48 per US dollar

The rupee on Friday registered the steepest fall in almost two years to hit its lifetime intraday low of 85.80 before a suspected central bank intervention helped recover some of its losses and settled 21 paise lower at a record low of 85.48 against the US dollar due to a strong greenback amid increased month-end demand from banks and importers.

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