Rupee Recovers Sharply To Below 79.50, A Day After Hitting An All-Time Low

Author : Dhowcruise
Publish Date : 2022-08-30


Rupee Recovers Sharply To Below 79.50, A Day After Hitting An All-Time Low

The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.

The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Reserve Bank of India defended the Indian currency heavily once it breached that level, the Indian currency regained significantly on Tuesday, largely driven by a pull back in the dollar from two-decade peaks, with the greenback losing ground across against most major currencies. Bloomberg quoted the rupee last at 79.4538 against the dollar, compared to 79.9675 in the previous session, during which the currency hit a record weak level of 80.1288.The rupee recovered sharply on Tuesday to below 79.50 per dollar, after hitting a new all-time low by breaching the key psychological level 80-to-a-dollar in the previous session. While the rupee had recouped some losses to end the previous session below the 80 per dollar mark as the Res



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