Rupee plummets 54 paise to close at 74.98 against US dollar
The rupee tumbled 54 paise to close at 74.98 (provisional) against the US dollar on Wednesday as a stronger greenback against key rivals and rising crude oil prices weighed on investor sentiment.
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.41 per cent higher at 94.36. Source: Reuters