High crude oil prices pulls Indian rupee to new low of 71.43 against US dollar
- Country:
- India
- United States
High crude oil prices and negative global cues pulled the Indian rupee to a new record low of 71.43 per US dollar in the late on Tuesday afternoon.
The Indian rupee which opened at 71.24 per US dollar surpassing the previous low of 71.37 per dollar, which it had touched around 9.15 a.m. on Tuesday.
Around 2.45 p.m., the Indian rupee crossed the 71.43 per US dollar mark -- the lowest ever mark -- against the greenback at the Inter-bank Foreign Exchange Market.
#Rupee Ends at all-time low of 71.21 and #petrolPrice is at 83.92🤣. Its all because of rise in crude oil prices and high rate of excise duty in the country.😇😇Looking for Normal condition.🙂 pic.twitter.com/nuKJ3ziGej
— Pavan Mailavarapu (@pavankumarmvnv) September 3, 2018
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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