Rupee at its all-time low, weakens for the 5th time in 10 days
The rupee closed at a new all-time low of 77.73 against the dollar. This is the fifth time the money has broken in the last ten trading sessions. The partially convertible rupee weakened to its lifetime low of 77.73, Bloomberg showed, while the currency temporarily ended at 77.72 per dollar, PTI reported.
At the interbank forex market, the rupee opened at 77.72 against the greenback, and finally closed at 77.72, down 10 paise over its previous close. The rupee touched day’s low of 77.76 and high of 77.63 during the trading session. On Wednesday, the rupee fell by 18 paise to 77.62. was closed on
On Wednesday, the rupee closed at a record low of 77.61 against the greenback on concerns about inflation and economic slowdown. Global oil benchmark Brent crude futures fell 1.87 per cent to $107.07 a barrel. The 30-share BSE Sensex closed 1,416.30 points or 2.61 per cent lower at 52,792.23, while the broader NSE Nifty fell 430.90 points or 2.65 per cent to 15,809.40.
