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Indian Rupee Records Sharp Gains After Hitting Record Low Against U.S. Dollar
The rupee gained as much as 19 paise to 79.77 against the greenback, rebouding from an all-time low of 80.13 on Monday.
30 Aug 2022, 11:07 AM IST 
A man holding Indian rupee banknotes. (Photo: Usha Kunji/BQ Prime)
The Indian rupee recovered sharply after hitting its lowest level against the U.S. dollar that strengthened on Jerome Powell's hawkish remarks at Jackson Hole.
The rupee closed at 79.46 against the greenback. During the day, it gained as much as 52 paise to 79.44 during the day.
The rupee had opened at 79.90 against the greenback, rebounding from an all-time low of 80.13 on Monday.