Author Topic: Rupee slides against US dollar; hits 10-month low  (Read 379 times)

chhaterdhari

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Rupee slides against US dollar; hits 10-month low
« on: December 15, 2014, 02:02:47 PM »

MUMBAI: The Indian rupee made day's low of 62.73 against the US dollar in intraday deals following persistent demand for American currency and weak equities.

The domestic unit resumed lower at 62.50 per dollar as against the last Friday's closing level of 62.29 at the Interbank Foreign Exchange ( Forex) market.

Sustained demand for the greenback amid country's weak macro data's and capital outflows pressurised the Indian unit, a deale ..

Source-economic times