News > Rupee opens at record low against the dollar

Rupee opens at record low against the dollar

Rupee opened flat at Rs 83.66 against the greenback. Brent is up 0.61% at $83.13 per barrel. The Federal Reserve will convene its next Federal Open Market Committee meeting on interest rates on July 30-31, during which investors expect the Fed to keep rates constant while watching for any indication of a cut later in the year. As US President Biden exited his Presidential bid against Republican nominee Donald Trump, the spot dollar fell 0.10% to 104.2930 this morning.