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Rupee again Breaches 68-mark, trading at Rs. 68.20/USD newsreporter.in

Rupee again Breaches 68mark trading at

Mumbai: Due to increased demand for the American unit from importers and banks, rupees again broke below the 68-mark by depreciating 24 paise to trade at 68.20 against the dollar in early trade at the Interbank Foreign Exchange.

"Moreover, sustained capital outflows and dollar's strength against some other currencies overseas also weighed on the local unit but a higher opening in the domestic equity market limited the rupee's fall," forex dealers said.

2017-01-09 16:21:32 by Patricia Madison

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