Rupee breaches 72/$ mark for first time
Thursday - September 6, 2018 1:20 pm ,
Category : BUSINESS
Rupee breaches 72/$ mark for first time
Mumbai Sep 6 (IANS) The Indian rupee breached the 72 per US dollar mark for the first time on Thursday.
Around 1 p.m. the rupee traded around 72.05 per dollar against Wednesday s closing of 71.76 per greenback.
According to analysts the fall in the rupee is due to the Sino-US trade tensions along with high crude oil prices and outflow of foreign funds.
Finance Minister Arun Jaitley on Wednesday said external factors have caused the depreciation of the rupee.
--IANS rrb/mr
Around 1 p.m. the rupee traded around 72.05 per dollar against Wednesday s closing of 71.76 per greenback.
According to analysts the fall in the rupee is due to the Sino-US trade tensions along with high crude oil prices and outflow of foreign funds.
Finance Minister Arun Jaitley on Wednesday said external factors have caused the depreciation of the rupee.
--IANS rrb/mr