Rupee falls 12 paise to hit all-time low of 83.38 against US dollar

Updated: Nov 20 2023 8:54PM

Mumbai, Nov 20 (PTI) The rupee declined by 12 paise to settle at its all-time low of 83.38 against the US dollar on Monday, tracking a negative trend in domestic equities.

Foreign fund outflows also weighed on the local unit, forex traders said.

At the interbank foreign exchange market, the local unit opened at 83.25 and settled at its lifetime low level of 83.38 against the dollar, registering a fall of 12 paise from its previous close.