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Forex trading idea
India rupee drops to record low, hit by importers' dollar demand
pctay123
Publish Date: Wed, 31 Jul 2024, 06:24 AM

MUMBAI, July 31 (Reuters) - The Indian rupee dropped to a record low against the U.S. dollar on Wednesday, pressured by month-end dollar demand by importers, traders said.
The rupee declined to 83.7425 to the dollar, inching past the previous lifetime low of 83.74.
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https://www.reuters.com/markets/currencies/india-rupee-drops-record-low-hit-by-importers-dollar-demand-2024-07-31/