Currency Buzz: INR Plunges To Fresh Lows; Breaches Rs 82/$ Mark

6 Oct 2022 , 05:29 PM

Firm crude oil prices weighed down the Indian rupee that plunged 32 paise to close at an all-time low of 81.94 (provisional) against the US dollar on Thursday. Recovery in dollar index after initial decline also weighed down the local unit. At the interbank foreign exchange market, the local currency opened on a positive note at 81.52 and tumbled to a record low of 82.17 and settled at an all-time low of 81.94 against the American currency, registering a decline of 32 paise over its previous close. Powered by Commodity Insights