The dollar is near to the current all-time high of Rs168.44, which was recorded on August 26, 2020.
The local currency is over one year low against the dollar. The rupee lost around Rs10.09 against the dollar since the start of the current fiscal year from July 01, 2021.
Currency experts said that import payment demand kept the dollar value high. They said that ease in coronavirus restrictions had restored the economic activities, which created a demand for imported raw material and finished products.