Rupee hits record intra-day low, falls 12 paise to 92.37 against U.S. dollar

A stronger greenback, heavy FII selling and weak sentiments in the domestic equity markets further weighed on the rupee, according to forex traders

Rupee hits intra-day low, falls to 92.37 against US dollar amid rising crude prices

The Indian Rupee hit an intra-day low of 92.37 against the US dollar, declining 12 paise amid rising global crude prices and weak domestic market sentiment. Factors like elevated oil prices, sustained foreign investor selling, a stronger dollar, and subdued equities contributed to the currency's slide.

By TOI BUSINESS DESK