![The rupee will move in the near term between 83.60 and 84.10/$.](https://market-tracker.in/wp-content/uploads/2022/06/close-up-image-american-one-dollar-bank-note-indian-ten-rupee-notes-macro-172415075-1.jpg)
The rupee will move in the near term between 83.60 and 84.10/$.
August saw a minor decline in the value of the Indian rupee of 0.3% versus the US dollar, with August 12 marking a new record low of 83.98. In comparison, during the same period, the majority of other Asian currencies have appreciated in value relative to the US dollar. Notably, thus far this month, the…