Indian rupee hits record new low, breaches 80 per dollar

by Boo_Randy

Another day, another sinking fiat currency. This is why we stack, brothers & sisters!

https://english.alarabiya.net/business/economy/2022/07/19/Indian-rupee-hits-record-new-low-breaches-80-per-dollar-

The Indian rupee fell to more than 80 per US dollar for the first time on record Tuesday, as the greenback extended its rally and foreign capital outflows intensified.

The rupee hit 80.0600 against the greenback soon after trading started, compared with the previous close of 79.9775, Bloomberg data showed.

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