Current AffairsIndiaIndia

Rupee at an all time low against the US Dollar breaches 70.08

Though, the Rupee slightly recovered in early trade at 69.84, improving by 9 paise, it immediately crashed, breaching 70 level at 70.08, all-time low at intra day trade, on rising demand for US Dollars by banks and importers, dealers at the Forex Market said.

The local unit remained under pressure on strong Dollar against other world currecies amid recovery in opening in equity market, they said.

A major fluctuation was seen during an intra day trade as it registered day high and low at 70.08 and 69.69 respectively, they added.

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Savio Rodrigues

Savio Rodrigues Founder & Editor-in-Chief GoaChronicle.com

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