Rupee moves closer to record lows against US dollar, ends at 81.87. What to expect ahead4 min read . Updated: 03 Oct 2022, 05:08 PM IST
- The soaring crude oils and strong dollar forced the rupee down the hill offsetting the impact of RBI's 50 basis points rate hike. In the near term, the local currency is likely to range between 81-82 levels against the dollar.