Global monetary tightening, costly crude, Ukraine crisis led to Re fall: FM
Sitharaman informed Lok Sabha that the Reserve Bank of India regularly monitors the foreign exchange market and intervenes in situations of excess volatility.
indian rupee value
July 2022
June 2022
May 2022
Rupee falls to 78 per US dollar for first time
The local currency plunged 36 paise to a lifetime low of 78.29 against the US dollar.
Rupee in freefall! Hits new all-time low against US dollar
Analysts are apprehensive that the rupee might slip towards 78 levels if the macroeconomic difficulties persist.
