Indian rupee breaches 80 per dollar, hits new record low

AFP/BSS

19 July, 2022, 11:35 am

Last modified: 19 July, 2022, 11:36 am

Indian rupee breaches 80 per dollar, hits new record low

AFP/BSS

19 July, 2022, 11:35 am

Last modified: 19 July, 2022, 11:36 am

A man counts Pakistani banknotes along a roadside in Islamabad, Pakistan, November 16, 2017. REUTERS/Faisal Mahmood

A man counts Pakistani banknotes along a roadside in Islamabad, Pakistan, November 16, 2017. REUTERS/Faisal Mahmood

The Indian rupee fell below 80 per US dollar for the first time on record Tuesday, as the greenback extended its rally and foreign capital outflows intensified.

The rupee sank to 80.0600 against the dollar soon after trading started, Bloomberg data showed.

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