Rupee plunges to yet another record low of 71.12 against US dollar

Rupee

New Delhi, Sep 3: The Indian rupee plunged to a fresh record low of 71.12 against US dollar during the late afternoon-trade session on Monday, tracking a weak trend among its global peers and amid concerns of a wider trade deficit.

The rupee’s previous record low was 71, marked on August 31.

Currencies across emerging markets have been lately subdued due to the global trade war concerns, analysts said.

WeForNews

Total
49
Shares
Related Posts