Rupee hits 80 to a dollar as global equity slump hammers currencies

Rupee hits 80 to a dollar as global equity slump hammers currencies. The Rupee breached the 80-to-a-dollar mark to hit a fresh record low while bond yields climbed six basis points, tracking a fall in global equities on the back of the Federal Reserve’s hawkish rhetoric at Jackson Hole. At 9.30 am, the home currency … Continue reading Rupee hits 80 to a dollar as global equity slump hammers currencies