Rupee Recovers To 71.86 After Hitting New Lifetime Low Against Dollar: 10 Points by jasstaneja

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mgsc · @jasstaneja ·
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Rupee Recovers To 71.86 After Hitting New Lifetime Low Against Dollar: 10 Points
INR Vs USD: The rupee rose as much as 84 paise against the dollar in intraday trade, after sinking to a fresh all-time low of 72.91

![A1F9AE99-E045-4FC5-8561-3F9C2C65605F.jpeg](https://cdn.steemitimages.com/DQmSQ75ikrdx9AaBmYMgT9bXCWA7TXgeYQSnUn39tSQudF6/A1F9AE99-E045-4FC5-8561-3F9C2C65605F.jpeg)

Story Highlights

Rupee has weakened about 12% this year
RBI has been intervening in forex market regularly to smooth volatility
Foreigners have sold net $6.5 billion so far this year

https://www.google.co.in/url?q=https://www.ndtv.com/business/inr-vs-usd-rupee-dollar-currency-exchange-rate-rupee-opens-at-new-lifetime-low-of-72-87-against-us-d-1915166&sa=U&ved=2ahUKEwjo6sH08LTdAhUJrI8KHZ0sBTwQqOcBMAF6BAgHEAM&usg=AOvVaw3ACmsz5DVnpfAi_wFP3n-k

Kindly check the given link for detailed information.

![E89F4187-F6D6-486F-9424-CA634D1F9799.gif](https://cdn.steemitimages.com/DQmSbrbqPRgn1RztyLyT9ifYzWeQorzbpEeTg8z21owz7fL/E89F4187-F6D6-486F-9424-CA634D1F9799.gif)
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