Rupee Logs Worst Day Today On Weak Shares, Dollar Strength

Rupee Logs Worst Day Today On Weak Shares, Dollar Strength

23 May 2019 05:34 PM
 
The Indian rupee posted its biggest single-day fall in eight sessions against the dollar, as local shares slipped and dollar index strengthened, eclipsing early surge from Prime Minister Narendra Modi’s near-certain win in the national elections for a second time. The rupee ended at 70.01 to a dollar against 69.66 at the previous close. The local unit opened at 69.45 and rose to the day’s high of 69.37, before touching the day’s low of 70.09 on profit booking

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