Rupee (INR) fell 3 paise to record low of 92.92 against US dollar in early trade, on Friday, March 20, intensifying losses caused by a disruption in global energy supplies due to the conflict in the Middle East, which risks disturbing the growth-inflation equilibrium for Asia’s third-largest economy.
The rupee today surpassed its earlier low of 92.63 experienced on Wednesday, March 18.
(more to come)