The Nationalist Congress Party (NCP) on Monday asked Union Finance Minister Nirmala Sitharaman to explain why the rupee has fallen to an all-time low against the U.S. dollar.
The rupee depreciated 43 paise to an all-time low of 81.52 against the U.S. dollar in early trade on September 26 as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit.
At the interbank foreign exchange, the rupee opened at 81.47 against the greenback, then fell to 81.52, registering a fall of 43 paise over its previous closing.