Rupee hits new all-time low of 70.47 against US dollar

Wednesday's low was in sync with weakness in other Asian markets and also due to strong month-end dollar demand. The RBI likely sold dollars in small quantities, said officials at state-run banks. On Wednesday, Niti Aayog vice chairman Rajiv Kumar termed calls for a stronger rupee a "falsifiable belief".

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2BZ2pYa

Newer Post Older Post