Indian Rupee vs U S Dollar : The value of Indian rupee weakened by 22 paise or 0.30 per cent – to end at 73.62 against the US dollar on Monday, caused by the hit on economy due to coronavirus pandemic.
After starting the day mildly stronger at 73.23 compared to its previous close of 73.40, the rupee reversed direction and traded within a range of 73.23-73.69 during the four-hour session.
Currently, the rupee has taken its recovery from an all-time low of 76.91, registered in April, to 4.28 per cent. However, it is still down 3.17 per cent against the dollar so far this year.
