Extending losses for the sixth straight session, the rupee on Thursday plummeted by 39 paise to hit an over two-month low of 67.36 a dollar on persistent demand for the American currency from banks and importers, amid higher greenback overseas and a sharp fall in equities. The rupee resumed lower at 67.15 a dollar against Thursday’s closing level of 66.97 at the Interbank Foreign Exchange and dropped further to 67.39 before ending at a fresh two-month low of 67.36.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.