Katamarayudu telugu movie review | Katamarayudu Movie Review Rating | Katamarayudu Review | Pawan Kalyan Katamarayudu

X
close save
crop image
x
TM
Thu, Sep 20, 2018 | Last Updated 4:43 am IST

Menu &Sections

Search

Why Rupee weakened further to hit a fresh low of 72.48 against US currency?

Why Rupee weakened further to hit a fresh low of 72.48 against US currency?
Why Rupee weakened further to hit a fresh low of 72.48 against US currency?
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

Sources from Mumbai stated that the rupee weakened further to hit a fresh low of 72.64 against the US currency, falling 91 paise in late morning deals on Monday on rising crude oil prices, strengthening dollar and a widened current account deficit. Previously as per report the rupee resumed slightly lower at 72.18 against last Friday's closing level of 71.73 a dollar at the Interbank Foreign Exchange here. Meanwhile the domestic unit witnessed intense volatility and traded between 72.07 and hit all time low of 72.64 during morning deals.



According to RBI data released Friday it was reported that India's current account deficit (CAD) widened to USD 15.8 billion in April-June in value terms this year as against USD 15 billion in the same quarter of 2017-18, mainly due to a higher trade deficit. Furthermore a dealer said the domestic macro situation and dollar's strength amid fear of currency crisis continued to spook the rupee.

Why Rupee weakened further to hit a fresh low of 72.48 against US currency?

Further overseas, the US dollar edged higher against a basket of currencies in early Asian trade on strong US August jobs data and fears of an escalation in the China and US trade conflict. Meanwhile, the 30 share BSE Sensex is trading lower by 238.01 points, or 0.62% at 38,151.81 at 1055 hrs.

Why Rupee weakened further to hit a fresh low of 72.48 against US currency?

Why Rupee weakened further to hit a fresh low of 72.48 against US currency?
5/ 5 - (1 votes)
Add To Favourite
More from author
Saudi Arabia auctions real estates of billionaire Maan al-Sanea
In 2019 Lok Sabha polls, people will defeat BJP: Mamata Banerjee
MK Stalin launched scathing attack on Edappadi Palaniswami leveling corruption charges
Trump imposes additional tariffs on China from September 24
Who is the Baahubali of Telangana?
Yusaku Maezawa, founder & CEO of Zozo, First Tourist to Moon
Domestic fuel prices continued to scale new height
Heavy rains expected today as well!
Vijaya Bhaskar gets aroused!
Sunny gets a wax statue!
A sleep ruins minister's life!
Finance Minister announced Merger of 3 Banks
Who is Country's Highest Earning MLA?
North & South Korean Leaders Meet at Pyongyang
Guys involved in Controversial WhatsApp chat to kill Defense Minister held
Centre's decision to ban 328 FDC drugs brought 6,000 medicines on radar
Migrants figures shown a negative growth of 11.6% from Kerala
Uber's Food delivery launched Insurance Program in partnership with Tata AIG
Investigation about Sewing Needle hidden in Strawberries
Karnataka Govt reduced state taxes on petrol & diesel
Is YS Jagan caught in a trap?
Supreme Court nominee Brett Kavanaugh testifies hearing before Senate Judiciary Committee
Major Fire Accident at Kanya Cinema Theater, Visakhapatnam
Auto driver attacked for questioning BJP leader on Petrol price hike!
Case against Thirumurugan Gandhi dismissed!
H Raja's words will help fascism!
H Raja receives High court order!
Babies born yesterday on PM Modi's birthday gifted gold rings at Chennai
TN couple received Petrol as Marriage Gift!!!
Ramdev will not campaign for BJP in 2019 elections
PSLV-40 launched Cartosat-2 remote sensing satellite, 2 Indian & 28 foreign Nano satellites
Hurricane Florence killed many in US
Facebook requires Human Rights Policy Director
PM Narendra Modi celebrates his 68th Birthday at Varanasi
Metrological Dept predicts rain in Chennai for 48 Hours
Nara Lokesh wants to come out of CBN's shadow
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.