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Tur (Pigeon Pea) News - Indian Rupee touched all time low at 81.135 USDINR
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Indian Rupee touched all time low at 81.135 USDINR

USDINR value made all time low at 81.135 as US’s Federal Reserve raised interest rates by 75 basis points. Depreciating Indian rupees is likely to impact the imports as it will get costly, while exports will get cheaper. The Reserve Bank of India already raised borrowing costs by 140bps so far this year and has been selling dollars to prevent the rupee to fall further.