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Rupee Matches Record Closing Low As Dollar Demand Persists
Mint Mumbai
|November 21, 2023
The rupee ended weaker on Monday, matching its record closing low as sustained dollar demand from state-run and foreign banks maintained pressure on the local unit, despite a rally in its Asian peers.
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The rupee ended at 83.34 against the US dollar, down 0.08% from its close of 83.27 on Friday.
The currency had previously closed at this level on 10 November, the same day it fell to a record low of 83.42.
This story is from the November 21, 2023 edition of Mint Mumbai.
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