Rupee Against Dollar: Rupee plunges 61 paise to dip below 83-mark for first time against dollar | India Business News

MUMBAI: The rupee plunged 61 paise to decline below the 83-mark for the first time against the US dollar on Wednesday amid unabated foreign capital outflows and a strong dollar in the overseas markets. Besides, rising crude prices in the international markets and risk-averse sentiment among investors weighed on the local currency, traders said. At […]

Continue Reading

Rupee falls 4 paise to close at all-time low of 82.34 against US dollar

MUMBAI: The rupee pared most of its initial losses and settled 4 paise lower at a fresh lifetime low of 82.34 (provisional) against the US dollar on Monday, weighed down by as risk-averse sentiment among investors. Moreover, a negative trend in domestic equities and a firm greenback overseas sapped investor appetite, forex traders said. At […]

Continue Reading