rupee hits record low

Rupee Falls To Record Low Of 86.62 Against US Dollar: 3 Key Factors Behind The Crash

The Indian rupee sank to a record low of 86.62 against the US dollar on Monday, registering its steepest single-day fall in almost two years. The currency dropped 58 paise, or 0.67 percent, weighed down by surging crude oil prices, stronger US job data, and consistent foreign institutional investor (FII)...