BusinessRupee Sinks To New Low Of 74.48 Against US Dollar
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Rupee Sinks To New Low Of 74.48 Against US Dollar
On Wednesday, rupee closed 18 paise higher against the dollar at 74.21.
The benchmark 10-year bond yield was down 3 basis points.
In opening trade, the S&P BSE Sensex sunk as much as 1,037.36 points.
The rupee extended its losses to hit an all-time low of 74.48 against the US dollar on Thursday, reported news agency Reuters. It opened weak at 74.37 and slipped further to quote a lifetime low of 74.48, down 0.4 per cent against the US dollar.