Rupee trades at new low of 64.11 against dollar!

Mumbai: The Indian rupee hit yet another record low today falling below 64 against a dollar for the first time on continued weakness in the equities market.

The partially-convertible rupee touched a new low of 64.11 in pre-noon trade at the inter-bank currency market here, surpassing the previous record low of 63.30 yesterday.

Later it recovered a bit and was trading at 63.71 against a dollar at 11.55 a.m. Indian time.


Facebook Notice for EU! You need to login to view and post FB Comments!

The opinions, beliefs and viewpoints expressed by authors, news service providers on this page do not necessarily reflect the opinions, beliefs and viewpoints of Hill Post. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual. Hill Post makes no representations as to the accuracy or completeness of any information on this site page.

Leave a comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.