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Rupee Crashes To All-Time Low Of 74.48 Against US Dollar: 10 Points
On Wednesday, rupee closed 18 paise higher at 74.21 against the dollar. Heavy losses in domestic shares also hurt the rupee sentiment. A two-week low in oil prices failed to sustain the plunging rupee.
11 Oct 2018, 12:28 PM IST 
INR Vs USD: Heavy losses in domestic shares also hurt the rupee sentiment.
The rupee opened weak at 74.37 and extended its losses to trade 0.4 per cent lower against the dollar.
Besides strong demand for the American currency from importers, concerns of fears of rising fiscal deficit and capital outflows weighed on the domestic currency, forex dealers were quoted as saying in the PTI report.
According to provisional data available with the National Stock Exchange (NSE), foreign portfolio investors sold ...
