News > Rupee closes at its weakest hitting a new all-time low

Rupee closes at its weakest hitting a new all-time low

Rupee closes touch below 81 per dollar. The rupee breached 81 per dollar for the first time on Friday before recovering to under that level as the Reserve Bank of India intervened but still ended the day at its weakest level.

Bloomberg showed the rupee was last at 80.9738 per dollar, after hitting an all-time low of 81.2438, compared to its previous close of 80.8688, which was its weakest close until today.