Indian Rupee Hits 4-day Low Versus U.S. Dollar
29 August 2017 - 1:16PM
RTTF2
The Indian rupee dropped against the U.S. dollar in morning
deals on Tuesday, as regional stocks fell after North Korea fired
another missile into the Sea of Japan, sparking further tensions
with the West.
The benchmark BSE Sensex was down nearly 254 points or 0.80
percent at 31,497 while the broader Nifty index was down 77 points
or 0.78 percent at 9,836.
The rupee fell to a 4-day low of 64.01 against the greenback,
compared to Monday's closing value of 63.80. If the rupee falls
further, 65.00 is possibly seen as its next support level.
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