Indian Rupee Hits Record Low as Broad Dollar Strength Weighs
- Rupee edges lower to 83.67 per dollar, most Asia FX fall
- RBI has means to achieve stability in the rupee: Maybank
Rupee banknotes at a wholesale market in Ahmedabad, India.
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
The Indian rupee declined to an all-time low as broad dollar strength weighed on most emerging Asian currencies.
The currency fell 0.3% to 83.67 against the greenback on Thursday, weakening past the previous low of 83.5750 touched in April, according to Bloomberg-compiled prices.