Rupee at 13-month low vs dollar

PTI | | Updated on: Apr 19, 2018

The rupee continued its losing streak for a fourth straight session to hit a fresh 13-month low of 65.80 a dollar on Thursday, dropping 14 paise as growing worries over higher crude prices and likely fiscal slippages led to subdued forex market sentiments. The home currency started the day lower at 65.78 compared to the overnight close of 65.66 at the inter-bank foreign exchange (forex) market. It later took a deep plunge to hit a fresh session low of 65.86 in mid-afternoon deals on panic dollar buying before concluding at 65.80, revealing a steep fall of 14 paise.

Published on April 19, 2018
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