Thursday 18 April 2024

News Analysed, Opinions Expressed

Economy | Finance

Rupee plunges to 28-month low amid global turmoil

 

Hit by global growth concerns, the rupee today crashed below the 68-level after 28 months and closed 23 paise down at 67.95 on fresh demand for the American currency from importers amid a massive fall in domestic stock markets.

A forex dealer said that persistent foreign capital outflows also affected the market sentiment. CLICK TO READ MORE


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