Usa India outbreak economy Coronavirus Usa India

Rupee falls to record low against US dollar, weakens past 76.50 per USD

Reading now: 598
www.livemint.com

The Indian rupee today fell to a new record low against the US dollar, despite strong traction in domestic equity markers. The rupee today opened at 76.09 before sliding to a record low of 76.55 against the US dollar.

The rupee had settled at 76.34 against the US dollar in the previous session. Traders said investor sentiments remain fragile amid concerns over the impact of coronavirus outbreak on the domestic as well as global economy.

In India, over 5,700 coronavirus cases have been reported so far while globally the number has surged above 15 lakh. The Sensex was trading 800 points higher in early noon trade.

Foreign institutional investors (FIIs) on Wednesday bought equity shares worth ₹1,943 crore. The US dollar was flat against key

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA