1 min read.Updated: 12 May 2022, 10:34 AM ISTLivemint
INR vs USD today: The rupee fell to 77.59 against the US dollar today
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Indian rupee today hit a fresh low against the US dollar today. At day's low, rupee tumbled to 77.59 vs USD as compared to previous close of 77.23. Data released on Wednesday showed that though US inflation dipped a bit in April it still remained at elevated levels, bolstering the case for aggressive monetary tightening. It also sparked a fresh tumble in global equities. Indian markets were down over 1.8% today.