Against the US dollar, the rupee drops 51 paise to an all-time low of 80.47.
On Thursday, the rupee lost 51 paise to end the day at an all-time low of 80.47 versus the US dollar.
Despite risk aversion on international markets and an increase in US Treasury rates, the US dollar kept rising.
Due to a strong dollar and negative global market mood, the rupee is anticipated to weaken today.
Market morale suffered as a result of investors' worries about rising inflation.
According to the most recent figures, the reserve stockpile fell below $600 bill
ion for the first time in a year.
On Monday, equity benchmarks saw further severe losses.
Additionally, Monday morning's dismal start for peers in Asia and developing markets may affect sentiment.
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