Rupee near record low, at 68.79 to a dollar
During opening trade, INR fell 0.3% and was trading at 66.7950 to a dollar. Bloomberg data show that this is the lowest point in three years for the rupee.
Rupee. Pic: Zeebiz.
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RBI 25 bps rate cut shock on rupee likely - here’s where Indian currency is headed against dollar Indian Rupee (INR) continued to weaken against US Dollar (USD) on Thursday.
During opening trade, INR fell 0.3% and was trading at 68.7950 to a dollar. Bloomberg data show that this is the lowest point in three years for the rupee.
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Bond yields continued to rally and were trading at 6.274% as against Wednesday's close of 6.278%.
NSE Nifty index too fell 0.3% in pre-opening trade.
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