Dollar index increased by nearly 0.2 percent, despite inflation hitting historic lows . Investors are anticipating a slowdown in the US retail sales numbers .
The rupee fell against a resurgent greenback on Thursday, as demand for safe-haven assets increased after good US retail sales numbers cast doubt on recent estimates that inflation is decreasing and interest rates do not need to increase significantly.The rupee fell against the dollar today to a low of 81.67 before returning to 81.57 after hitting a high of 81.44.After the fall in the morning, most Asian currencies were weaker but were relatively stable, according to Anil Kumar Bhansali, Head of Treasury at Finrex Treasury Advisors.The dollar index, which compares the value of the greenback to six major currencies, increased by nearly 0.2 percent, despite the fact that inflation has just hit historic lows, and investors are also anticipating a slowdown.