Rupee breaches 83-mark against USD

Tribune Web Desk

Updated At : 12:42 PM Oct 20, 2022 IST

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The domestic unit plunged 60 paise to dip below the 83-mark for the first time against the US dollar

Rising crude prices in the international markets and risk-averse sentiment among investors weighed on the local unit

At the forex market, the local currency opened strong at 82.32 but later pared gains to settle at an all-time low of 83 against the American currency

Major global currencies also took a hit with the greenback hitting a 32-year high against the Japanese yen and approaching the historic level of 150

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