Rupee fall continues on unabated FII outflows
Home currency eases 2 paise to 77.57/USD
Home currency eases 2 paise to 77.57/USD
This is 10th straight increase this year, meanwhile petrol and diesel prices remained unchanged for the 41st straight day after rising by a record...
Stronger greenback and unabated foreign fund outflows take a toll on home currency, which on Friday fell 55 paise
The rupee extended its losses and touched an all-time low of 77.42 against the US dollar in early trade on Monday.
Overnight decline in crude oil prices and positive domestic equity mkts backed Rupee surge
Foreign fund outflows further weigh down; Home currency lost 37 paise in 4 days to 76.51/USD
High commodity prices as well as outflow of foreign funds from equity markets dragged Indian rupee to a new record low against the US Dollar.
The Central Bank of Russia suspended trading in the foreign exchange markets on Thursday.