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Rupee hits all-time low of 77.42 against US dollar

  •   Mon, May 09 2022 01:45:19 PM

New Delhi, May 9 (IANS): The rupee extended its losses and touched an all-time low of 77.42 against the US dollar in early trade on Monday.

The Indian currency is weighed by the strength of the American currency in the overseas market and continued foreign fund outflows.

Foreign institutional investors were net sellers in the capital market on Friday, as they offloaded shares worth Rs 5,517.08 crore, as per stock exchange data.

On Friday, the rupee had slumped 55 paise to close at 76.90 against the US dollar.

Further, the rupee slipped on a surge in crude oil prices
  

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Comment on this article

  • Prakash, Mangaladevi, Mangalore

    Mon, May 09 2022

    Acche Din for NRI's

    DisAgree Agree [4] Reply Report Abuse

  • william, Mangalore

    Mon, May 09 2022

    Clear indication is that the Fake Master is only concerned about religion matters and not at all bothered about downward economy.

    DisAgree [2] Agree [6] Reply Report Abuse

  • Anil, Valencia, Istanbul

    Mon, May 09 2022

    NRI's will be happy. Now less dollars to be used to send more Rupees to India. Surely Achhe Din.

    DisAgree Agree [5] Reply Report Abuse

  • roy Indian, Mangalore

    Mon, May 09 2022

    modi and co is doing great job in India economy . were is that joker nalinji ?????? he said US dollar will come 15 rupees.

    DisAgree Agree [7] Reply Report Abuse

  • William, Mangaluru

    Mon, May 09 2022

    When the Re value was INR 63 in 2013, the then CM of Gujarath commented that the Re. was in ventilator. In fact, when he took over the charge of the country, the value was INR 59. Now what he has to say, whe the Re. value is all time low @ 77.46.

    DisAgree [1] Agree [8] Reply Report Abuse

  • Vinod Kumar, Mangalore

    Mon, May 09 2022

    Blind Bhakths are saying to people why are you crying, aren’t you getting more rupees for a dollar now?. Our rupee will compete with Somalia now. It’s only because of Modi who made it possible. Modi Hai Tho Momkin Hai. India Ki Waat Laga Dhi.

    DisAgree [1] Agree [9] Reply Report Abuse

  • k b r, Mangala Uru

    Mon, May 09 2022

    MITROAN, ACHAY DINN AAA GAYEN HAYNN....

    DisAgree Agree [6] Reply Report Abuse

  • ca girishkk, m'lore/dxb

    Mon, May 09 2022

    It may be note worthy to observe that over the past 6 months or so.., FII's (probably all or most of them are Hindustani proxy's operating from Kailasa/Cayman Island/Mauritius/ Caribbean Islands/BV islands etc.,) withdraw INR 2.5 Lac crores from BSE/NSE..., now allowing to depreciate to get higher Rupee value per $ .... , from here on Rupee depreciation going to fall steep & deep ... Jokara will come & say Neighboring country's Mukhawada/kaiwada is the reason...,

    DisAgree Agree [11] Reply Report Abuse

  • Sameer, Riyadh

    Mon, May 09 2022

    Acche Din for USD. I recall someone saying 1 Rupee will be equal to 15 USD. ;) ;) ;). Indian rupee ki 'band bajj gayi hai'. Where is our FM?

    DisAgree [2] Agree [23] Reply Report Abuse

  • Jossey Saldanha, Raheja Waterfront

    Mon, May 09 2022

    Uneducated people are Clueless ...

    DisAgree [4] Agree [23] Reply Report Abuse

  • Roshan, Mangaluru

    Mon, May 09 2022

    Maybe now bhakths now start jumping around to try and say, India is doing far better than Pakistan and Sri Lanka, in comparision. BJP that wanted congress to get 1USD, under Rs.40, when it was trading at Rs.52. Now, gives all kind of lame excuses. Bhakths and media then propagate the excuses, as if it was wonder that Rs. is still below Rs. 100 against USD. Vinasha Khale Viparitha Buddhi.

    DisAgree [1] Agree [30] Reply Report Abuse

  • Nice, Mangalore

    Mon, May 09 2022

    Sad to see countries rapid downfall, African countries have managed this situation better. But at the end of the day we are only concerned about Religion , Cast and Creed , I who pay Tax sufferer.

    DisAgree [1] Agree [23] Reply Report Abuse

  • Rolf, Dubai

    Mon, May 09 2022

    O MY GOD!!!

    DisAgree Agree [16] Reply Report Abuse

  • Deshbhakt, Mangalore

    Mon, May 09 2022

    Time to sweep the last Dh and send a draft

    DisAgree Agree [10] Reply Report Abuse


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