The Indian rupee declined 20 paise to a record low against the US dollar on Thursday, reaching 83.64, weighed down by strong demand from local importers and broader strength in the greenback. The rupee had closed at 83.4550 in the previous session. The dollar index also strengthened against most Asian currencies, with the Chinese yuan hitting its weakest level since November 2023. INR vs USD: Rupee Rises 1 Paisa to 83.43 Against US Dollar in Early Trade on Positive Domestic Equity Markets.
INR vs USD
BREAKING: 🇮🇳 India's rupee hits all-time low against the US Dollar
— The Spectator Index (@spectatorindex) June 20, 2024
Rupee plunges 20 paise to settle at all-time low of 83.64 (provisional) against US dollar
— Press Trust of India (@PTI_News) June 20, 2024
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