Editorial with Sujit Nair: How Does Fall In Dollar Affect You??| US Dollar | Indian Rupee

"The rupee plunged by 16 paise to close at an all-time low of 82.33 against the US currency in early trade on Thursday due to a surge in US bond yields, risk-averse sentiment among investors, and firm crude oil prices. At 9.30 am, the home currency was trading at 82.30 a dollar, down 0.5% from its previous close of 81.89. The currency opened at 82.19 and touched an all-time low of 82.33. On Thursday, the Indian currency for the first time closed below the 82 level against the greenback. It plunged 55 paise to close at a record low of 82.17 against the US currency In this episode of the Editorial our Managing Editor Mr Sujit Nair shares his take.  Learn more about your ad choices. Visit megaphone.fm/adchoices