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The Hindu
The Hindu
National
PTI

NCP asks Finance Minister Sitharaman to explain why rupee has fallen to all-time low against U.S. dollar

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.

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