💨 Abstract

The Indian rupee hit a record low on Thursday but outperformed regional peers due to state-run banks' dollar sales and local stock weakness. The rupee closed at 84.3950 against the U.S. dollar, with the dollar index rising 0.4% to its highest in a year. The Indian currency's monthly decline was 0.4%,

Courtesy: theprint.in

Summarized by Einstein Beta 🤖