Rupee at 80: How have other currencies performed in the last six months

The Sri Lankan rupee has fallen over 66 per cent against the rupee in the last six months. It was trading at 2.7 per INR on January 19 and has fallen to 4.5 on July 19

The India rupee, for the first time, fell below the 80 per the US dollar on Tuesday. Experts attributed the record low to foreign investors pulling their money out of the economy. Since January 19, the rupee has fallen 7.1 per cent, according to market data.  

Inflation worries due to oil prices and rising interest rates and fears of a recession have made foreign investors risk averse. Not only the currency, but the equity market in India has also faced the brunt of this impact.

Since its peak of 61,700 in October 2021, India's benchmark index Sensex has now fallen