Rupee falls to all-time low of 77.56 against US dollar

| May 12, 2022, 12:35:32 PM | Mirror Now
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The rupee has fallen to a record low against the U.S dollar at 77.56. A plunge in the domestic equity markets has also dragged down the Indian currency, which has shed 0.8 per cent against the US dollar so far this week. The falling currency will help exporters by lowering the price of Indian goods and services for foreign consumers, but will hurt importers.

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