Dynamite News Rupee at 19-mth low; down 30 paise against US dollar
The rupee plunged by 30 paise to hit a 19-month low of 68.54 against the US dollar. BSE Sensex rose by 53.85 points, or 0.15 per cent, to 35,543.89.
Mumbai: The rupee plunged by 30 paise to hit a 19-month low of 68.54 against the US dollar in early trade today on strong month-end dollar demand from importers and banks amid sustained foreign capital outflows.
This is the rupee's lowest level against the greenback since November 29, 2016.
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Yesterday, the rupee lost 11 paise to end at 68.24 against the US currency.
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Meanwhile, the benchmark BSE Sensex rose by 53.85 points, or 0.15 per cent, to 35,543.89 in opening trade today. (PTI)