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Rupee Hits Historic Low Of 70.96 Against US Dollar, Falls 22 Paise

Earlier on Thursday, rupee had plunged to a fresh record low of 70.81 to a US dollar during the morning trade session.

Rupee Hits Historic Low Of 70.96 Against US Dollar, Falls 22 Paise
Rupee Hits Historic Low Of 70.96 Against US Dollar, Falls 22 Paise
outlookindia.com
2018-08-31T09:22:25+0530

Rupee on Friday hit a historic low of 70.96, falling 22 paise in the morning trade.

Earlier on Thursday, rupee had plunged to a fresh record low of 70.81 to a US dollar during the morning trade session.

ALSO READ: Why Rupee Will Remain Turbulent For Next Few Months

According to analysts, continuous outflow of foreign funds, along with caution ahead of key macro-economic data, coupled with volatile global crude oil prices had pulled the Indian rupee to a fresh low.

(With PTI inputs. More details are awaited)

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