Rupee dropped against US Dollars

in #mgsc • 6 years ago

The Indian rupee ended at 68.79 per dollar on Thursday, after reaching an all time low earlier in the day, reported news agency IANS. Earlier in the day, it touched an all-time low and breached the 69 per dollar mark, due to high crude oil prices and weak macro-economic fundamentals. The home currency recovered from record lows of early morning aided by dollar-selling intervention by the Reserve Bank of India, reported Reuters. The rupee's last record low was 68.87 per dollar, on November 24, 2016. The rupee on Wednesday closed at 68.61 against the US dollar.11-18-12-Steemitending.gif

6 years ago in #mgsc by
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