Rupee hits all-time low of 74.45 against US dollar; markets bleed
Meanwhile, the BSE benchmark Sensex crashed 1,030.40 points, or 2.95 per cent, to hit 33,730.49 in opening trade.
Meanwhile, the BSE benchmark Sensex crashed 1,030.40 points, or 2.95 per cent, to hit 33,730.49 in opening trade.
Former Finance Minister and former BJP leader Yashwant Sinha said here on Tuesday that the economic turmoil in the country…
The Indian rupee on Friday closed at 71.85, recovering 34 paise from its previous close of 72.19 per greenback.
At 3.30 p.m., the wider NSE Nifty50 provisionally closed at 11,355.75 points, lower by 73.75 points or 0.65 per cent from its previous close.
The Indian rupee is expected to remain in the 68-72 range against the US dollar in the short term on rising external risks.
The local currency also fell back against the pound sterling to finish at 90.45 per pound from 90.38 earlier.
The rupee tumbled by 12 paise to a fresh three-week low of 68.11 against the US dollar in late morning…