Rupee recovers from record low of 72.91/$
Wednesday - September 12, 2018 2:12 pm ,
Category : BUSINESS
Rupee recovers from record low of 72.91/$ (Lead)
Mumbai Sep 12 (IANS) The Indian rupee recovered from the day s low to trade around 72.50 per dollar during the afternoon session on Wednesday.
Around 1.45 p.m. the rupee traded at 72.50 per dollar appreciating by 19 paise from its previous close of 72.69 per greenback.
Earlier in the day it hit a new record low of 72.91 per dollar weighed down by inflationary concerns and amid weakness in global currencies against the dollar.
The market would focus on the country s Index of Industrial Production and Consumer Price Index data to be released later in the day analysts said.
--IANS rrb/mr
Around 1.45 p.m. the rupee traded at 72.50 per dollar appreciating by 19 paise from its previous close of 72.69 per greenback.
Earlier in the day it hit a new record low of 72.91 per dollar weighed down by inflationary concerns and amid weakness in global currencies against the dollar.
The market would focus on the country s Index of Industrial Production and Consumer Price Index data to be released later in the day analysts said.
--IANS rrb/mr
