![Due to a higher US dollar, the rupee may fall even further; the dollar index is anticipated to increase to 102.6.](https://market-tracker.in/wp-content/uploads/2023/01/rupee-gfaa4abe61_1280-1.jpg)
Due to a higher US dollar, the rupee may fall even further; the dollar index is anticipated to increase to 102.6.
Amidst a recovery in the U.S. dollar and risk aversion in global markets, the rupee declined last week and reached a low of 82.32. While this was going on, a dramatic decline in the price of crude oil helped to limit declines in local currency. The dollar index recovered from its lows for the year…