Rupee strengthens after hitting record low last week
1 min read
The rupee had weakened to a record low of 79.96 last week, weighed down by broad gains in the dollar as red-hot inflation data raised fears of more aggressive policy tightening by the U.S Federal Reserve.The rupee had weakened to a record low of 79.96 last week, weighed down by broad gains in the dollar as red-hot inflation data raised fears of more aggressive policy tightening by the U.S Federal Reserve.
