Commodities Live: Rupee Hits Record Low For For Fourth Straight Session, Touches 79.88 Against Dollar
Zee Business Video Team | Updated: July 14, 2022 10:39 PM IST
At the end of trading, the rupee has weakened by 25 paise to close at 79.88 today. Rupee fell 1% in a week and 2.2% in a month. This year, the rupee weakened by more than 6.5% against the dollar. Due to the rise in the dollar, the pressure in the rupee increased. The dollar index crossed 108 to a 20-year high. Dollar index jumped 17% in one year. The dollar witnessed continuous buying of hedge funds for 51 weeks.
