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Rupee Hits Fresh Record Low Of 70.32 Against US Dollar: 10 Points
Capital outflows weighed on the rupee, said dealers The Nifty IT index traded 0.29 per cent higher Trade deficit for July widened to a more than 5-year high
16 Aug 2018, 10:55 AM IST 
INR Vs USD: Experts believe that the rupee is unlikely to recover soon.
The rupee opened at a record low of 70.25 a dollar and weakened further to trade at a fresh low of 70.32, down by 43 paise, reported news agency Press Trust of India (PTI). At 9:13 am, the rupee was trading at 70.25/26 per dollar, versus its Tuesday's close of 69.90/91. Markets were closed on Wednesday for a national holiday, reported news agency Reuters.
Experts attributed the fall in rupee to the trade deficit hitting a 5-year ...
