Indian Rupee settles at all-time low of 78.33 against US dollar
Mumbai, Jun 24 (PTI) The rupee on Friday slipped 1 paisa to close at its all-time low of 78.33 against the US dollar amid growing concerns over aggressive monetary policy tightening by central banks and relentless foreign capital outflows.
Positive domestic equities and a weak American currency overseas supported the local unit, forex dealers said.
At the interbank foreign exchange market, the local currency opened at 78.20 and finally settled at its all-time low of 78.33, down 1 paisa from its previous close.