Dollar strengthens: Rupee crosses 86
“Rupee breaches 86 mark: A strong dollar, rising crude oil prices and selling by foreign investors in the equity market led to weakening FII inflows and depreciated the rupee.”The rupee fell to a record low of 86.31 against the US dollar.The main reason for this was the better performance of employment data in the US, which led to the strengthening of the dollar.Along with this,…