The Indian rupee recorded its lowest-ever closing level against the US dollar on Tuesday amid the heightened tensions in the Middle East and the greenback's strength weighing on the sentiment.
The local currency weakened nine paise to close at Rs 83.54 against the greeenback.
Intraday, the rupee hit an all-time low of Rs 83.555.
It had closed at Rs 83.45 a dollar on Monday, according to Bloomberg data.
It breached its previous intra-day low of Rs 83.50 on Nov. 10, 2023.
The Indian rupee recorded its lowest-ever closing level against the US dollar on Tuesday amid the heightened tensions in the Middle East and the greenback's strength weighing on the sentiment.
The local currency weakened nine paise to close at Rs 83.54 against the greeenback. Intraday, the rupee hit an all-time low of Rs 83.555. It had closed at Rs 83.45 a dollar on Monday, according to Bloomberg data.
It breached its previous intra-day low of Rs 83.50 on Nov. 10, 2023.
