LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Indian Rupee hits lifetime low of 69.12 against dollar in opening trade

Rupee shed 7 paise to touch intraday low of 69.12, its all-time low level vs dollar. The rupee had touched its previous all-time intra-day low of 69.10 on June 28. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Indian Rupee hits lifetime low of 69.12 against dollar in opening trade
The rupee hit a record low of 69.12 against dollar on Friday. Image source: Reuters
Written By: ZeeBiz WebTeam
Updated: Fri, Jul 20, 2018
09:27 am
ZeeBiz WebDesk
RELATED NEWS
Gold Price, Rupee and Equity Markets II Technicals explained Gold Price, Rupee and Equity Markets II Technicals explained
Currency Outlook: What all will support the new found strength in Rupee - Analysts' opinions Currency Outlook: What all will support the new found strength in Rupee - Analysts' opinions
This will strengthen the rupee during the upcoming week This will strengthen the rupee during the upcoming week
Gold Price, Currency and Equity Markets: All you need to know about Gold Price, Currency and Equity Markets: All you need to know about
Currency Watch! GDP boost, flow cushion to strengthen rupee Currency Watch! GDP boost, flow cushion to strengthen rupee

The rupee hit a record low of 69.12 against dollar on Friday, seconds after opening slightly higher. The local currency opened at 69.01 per dollar, up 4 paise against previous day's close. 

The currency, however, shed 7 paise to touch intraday low of 69.12, its all-time low level vs dollar. The rupee had touched its previous all-time intra-day low of 69.10 on June 28. 

On Thursday, the domestic currency took a hard 43-paise knock to close below the 69 level for the first time at a historic closing low of 69.05 against the US currency as upbeat comments on the US economy by the Federal Reserve chairman drove the greenback to one-year high levels higher against global currencies.

The domestic currency suffered a major setback as forex sentiment turned wobbled once again with a resurgent dollar and a slew of local issues sparking jitters among investors.

The US dollar surged to fresh one-year high after the Fed chief's testimony to the US Senate on Wednesday bolstered the expectations of interest rate hikes, though gradually.

WATCH ZEE BUSINESS VIDEO HERE

Meanwhile, the Sensex and Nifty were trading flat on Friday ahead of no-confidence motion against PM Narendra Modi-led government. At 9:20 am, the Sensex was trading at 36,362, up 11.11 points, while the broader Nifty50 was ruling at 10,956, down 0.80 points.

Overseas, Asian markets eked out modest gains as investor caution prevailed amid concerns about the European Union imposing retaliatory tariffs on US goods. US President Donald Trump’s criticism of Federal Reserve policy also hurt sentiment. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
RupeeSensexNifty
RELATED NEWS
Gold Price, Rupee and Equity Markets II Technicals explained Gold Price, Rupee and Equity Markets II Technicals explained
Currency Outlook: What all will support the new found strength in Rupee - Analysts' opinions Currency Outlook: What all will support the new found strength in Rupee - Analysts' opinions
This will strengthen the rupee during the upcoming week This will strengthen the rupee during the upcoming week
Gold Price, Currency and Equity Markets: All you need to know about Gold Price, Currency and Equity Markets: All you need to know about
Currency Watch! GDP boost, flow cushion to strengthen rupee Currency Watch! GDP boost, flow cushion to strengthen rupee

LATEST NEWS

EPF Passbook Balance Check Online: EPFO members can do this via Umang App, SMS, missed call; choose whatever you want

West Bengal, Assam Assembly elections 2021: After TMC, BJP likely to release candidates lists today

NEET 2021 exam: Check here the latest update on dates and all you need to know for registration before appearing in the test

Delhi to have its own school education board; Arvind Kejriwal says focus will be on providing jobs, proposes this unique exam pattern

Aadhaar card-based driving licence service: Check step by step guide to renew your driving licence online without going to RTO

DDA Housing Scheme 2021: Draw for allotment of flats on this DATE—Watch it live on AWAAS app

7th Pay Commission Latest News: Central government employees' alert! one mistake could cost you your LTC claim—check report

3 free LPG cylinders likely again for Ujjawala scheme beneficiaries

Reliance Jio low-cost laptop 'JioBook' that runs on Android coming soon; Here's all you need to know

EaseMyTrip IPO Review: Issue opens on Monday! 'SUBSCRIBE' say experts; check details like important dates, price band, lot size, many more

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved