Rupee slips on safe-haven dollar demand, Fed minutes in focus
- The rupee last traded at 81.84 to the dollar, down from 81.6850 on Friday. The local unit held a narrow 81.75 to 81.90 range during the session.
A delivery worker counts Indian rupee banknotes 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