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Indian Rupee Depreciates Sharply Against The U.S. Dollar
Rupee opens at 81.38, depreciating 28 paise against the U.S. dollar.
16 Nov 2022, 09:46 AM IST 
Close view of counting Indian rupee bank notes. (Photo: Usha Kunji/BQ Prime)
The Indian rupee depreciated sharply against the U.S. dollar, as investors poured into the safe haven.
The rupee opened at 81.38, depreciating 0.35% or 28 paise. It closed at 81.10 on Tuesday.
Intraday, it depreciated by 0.58% to a low of 81.57. It closed 0.25% lower at 81.30.
The rupee had hit a record low of 83.29 on Oct. 20.