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Indian Rupee hits record low

By The Assam Tribune
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MUMBAI/ NEW DELHI, June 22 � The Indian rupee hit a record low for the second consecutive day Friday and slumped below the psychological resistance level of 57 to a dollar for the first time on increased demands for the American currency by oil and gold importers, report agencies.

The partially convertible rupee closed at a record low of 57.12 to a dollar, down 1.47 per cent from its previous day�s close.

The rupee hit a new record low of 57.33 in the intra-day Friday after surpassing the previous record low of 56.57 hit Thursday.

The rupee closed in the negative for the fifth consecutive session.

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Indian Rupee hits record low

MUMBAI/ NEW DELHI, June 22 � The Indian rupee hit a record low for the second consecutive day Friday and slumped below the psychological resistance level of 57 to a dollar for the first time on increased demands for the American currency by oil and gold importers, report agencies.

The partially convertible rupee closed at a record low of 57.12 to a dollar, down 1.47 per cent from its previous day�s close.

The rupee hit a new record low of 57.33 in the intra-day Friday after surpassing the previous record low of 56.57 hit Thursday.

The rupee closed in the negative for the fifth consecutive session.

More in Entertainment
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