Rupee At All Time Low With 81.55 Against US Dollar; Indian Markets Extend Losses | English News

As per the latest updates of Times Now, the rupee slipped further from the past week's low and hit another lifetime low on Monday morning. This consistent depreciation follows the ongoing strengthening of the US dollar index for two decades, on hopes that demand for safe-haven currencies such as the dollar would pick up. Today, the rupee crossed 81.55 against the US dollar. On Friday, it closed at 81.25.On the other hand, once again India's markets are down. Indian markets extended losses. Asian shares are mostly lower. Japan's Nichi 225 also dropped 2.1 percent in morning trading. Australia and Hong Kong are also declining. Domestic benchmark indices opened in the red on Monday, continuing their losing streak for the fourth straight session.#RupeeFall #MarketDown #SensexNiftyFall