The pressure on rupee continued on Thursday which hit fresh low against the dollar as the continuous spread of COVID-19 pandemic has put investors on the edge.
The rupee opened at 76.74 as compared to the previous close of 76.44 and slipped to 76.85 levels, which is a record low. Last week it had hit 76.55 which was the previous record low. On Wednesday, rupee ended the day at all time closing low.
Currency traders said the rupee will be under pressure till the virus reach its peak. The government has extended the economic lockdown, which started on March 25, to May 3.
You have reached your limit for free articles this month.
Register to The Hindu for free and get unlimited access for 30 days.
Subscription Benefits Include
Today's Paper
Find mobile-friendly version of articles from the day's newspaper in one easy-to-read list.
Unlimited Access
Enjoy reading as many articles as you wish without any limitations.
Personalised recommendations
A select list of articles that match your interests and tastes.
Faster pages
Move smoothly between articles as our pages load instantly.
Dashboard
A one-stop-shop for seeing the latest updates, and managing your preferences.
Briefing
We brief you on the latest and most important developments, three times a day.
Not convinced? Know why you should pay for news.
*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.