CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is Indian Rupee’s all-time low record against US Dollar?
A
76.47
B
77.17
C
76.90
D
77.42
Explanation: 

Detailed explanation-1: -Before this, the rupee’s record closing low was 82.36 per dollar, while the all-time intraday low was 82.72 per dollar. The Indian currency has shed 10.5 per cent versus the US currency so far in 2022.

Detailed explanation-2: -rupee against us dollar: Rupee hits record low of 83.08 against US dollar - The Economic Times Video | ET Now.

Detailed explanation-3: -The rupee plunged to a new lifetime low Monday ahead of crucial US inflation data later this week, with global dollar strength pulling down emerging market currencies amid concerns of a recession in the West and sharper increases in borrowing costs.

Detailed explanation-4: -In late 2007, the Indian Rupee reached a record high of 39 Indian national rupee per United States dollars, on account of sustained foreign investment flows into the country.

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