Rupee set to weaken beyond 80 per dollar: BofA
Updated: 23 Jun 2022, 09:36 AM IST
TL;DR.In Wednesday's trade, the rupee slipped to a new lifetime low of 78.38 to a dollar. Prior to this, the rupee had touched an intraday low of 78.28 on June 13.
BofA has slashed its year-end target for the Nifty to 14,500 points from 16,000.