Rupee hits all-time low: Here are 4 reasons why it is losing currency

The Indian rupee touched a fresh record low of 68.89 against the dollar in opening trade, falling 26 paise from the previous close.

On Tuesday, the rupee plunged by 30 paise to hit a 19-month low of 68.54 against the US dollar in early trade. In the previous session, rupee posted the biggest single session fall against dollar since June 19.


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Source: https://www.moneycontrol.com/news/india/rupee-hits-all-time-low-heres-4-reasons-why-it-is-losing-currency-2644441.html