Indian Rupee Falls To More Than 3-week Low Against U.S. Dollar
19 Agosto 2022 - 02:18AM
RTTF2
The Indian rupee dropped against the U.S. dollar in the evening
deals on Friday, as hawkish comments from the Federal Reserve
officials underpinned the latter.
St Louis Fed President James Bullard and San Francisco President
Mary Daly signalled the possibility of another 75 basis-point rate
hike next month.
Indian shares fell sharply amid uncertainty over the pace of
future rate hikes by the Fed.
The benchmark S&P BSE Sensex ended the session down 651.85
points, or 1.08 percent, at 59,646.15 while the broader NSE Nifty
index settled at 17,758.45, down 198.05 points, or 1.10 percent,
from its previous close.
The Indian rupee declined to 79.86 against the greenback, its
lowest level since July 27. On the downside, 80.00 is possibly seen
as the next support level.
US Dollar vs INR (FX:USDINR)
Gráfica de Divisa
De Ago 2023 a Sep 2023
US Dollar vs INR (FX:USDINR)
Gráfica de Divisa
De Sep 2022 a Sep 2023
