Rupee – NewsCentral24x7

Rupee Declines 39 Paise Against US Dollar

International benchmark Brent crude was trading higher by 2.04 per cent at USD 71.61 per barrel.

A spurt in dollar demand from importers amid sustained foreign fund outflows also weighed on the rupee.

P Chidambaram

ED blocks Greenpeace accounts; IT searches Raghav Bahl’s offices and more, he said.

Representational image (Photo: Facebook)

Concerns of fears of rising fiscal deficit and capital outflows weighed on the domestic currency.

It broke previous record low (intra-day) of 74.23 reached on October 5.

Tewari alleged the Narendra Modi-led government had spelt “doom for the economy”.

Meanwhile, the benchmark BSE Sensex continued to fall.

“Denial ain’t just a river in Egypt.” – Mark Twain

Representational image (Photo: Facebook)

Investors remained concerned over sustained foreign capital outflows.

(Photo: Facebook)

The greenback’s weakness against some currencies overseas supported the rupee.

(Photo: Facebook)

The rupee was trading at 72.84 against the dollar in the morning.