This morning, it crossed 81.50 against the US dollar. On Friday, it closed at 81.25. Notably, last Thursday's depreciation was the biggest single-day fall for the rupee since February 24.
At the interbank foreign exchange, the rupee opened at 80 against the American dollar, then lost ground to quote at 80.05, registering a fall of 7 paise from the last close.
The depreciating value of the rupee vis-a-vis the dollar brings concerning news to the Indian economy which was gradually getting back on track after being battered by the Covid-19 pandemic-induced lockdowns.