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Business News » India News

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. 

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Rupee near record low, at 68.79 to a dollar
Rupee. Pic: Zeebiz.

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. 

ALSO READ: Rupee dives to near three-year lows as Trump, demonetisation weigh heavy

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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TAGS:
RupeeINRUSDDollarForexBullionForeign ExchangeRupee FallINR FallWhy is Rupee FallingWhy is INR FallingINR Fall ReasonsRupee Fall ReasonsINR Vs USDRupee Lowest Point
Written By: ZeeBiz WebTeam
Updated: Thu, Nov 24, 2016
01:01 pm
Mumbai, ZeeBiz WebDesk
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