scorecardresearchRupee breaks below 79 per dollar, bond yield at 3-month low

Rupee breaks below 79 per dollar, bond yield at 3-month low

Updated: 02 Aug 2022, 09:20 AM IST
TL;DR.
The partially convertible rupee was trading at 78.95 per dollar compared to its close of 79.02 after touching 78.94, its strongest since July 7.
A shopper hands the Indian rupee banknotes to shopkeeper in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg

A shopper hands the Indian rupee banknotes to shopkeeper in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg