Monday, September 10, 2018

*₹Rupee Dives to New Lifetime Low.



The Indian rupee on Monday crashed to a new record low of 72.18 by falling 45 paise against the US dollar, reported news agency. The fall in the rupee is due to strong demand for the US currency from importers as the greenback strengthened against other currencies overseas on upbeat US jobs data, said forex dealers. The domestic currency opened at a record low of 72.15 a dollar from its previous close of 71.73 and hit a fresh low of 72.18, down by 45 paise. It breached its previous record low of 72.11 hit on September 6.

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