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For First Time In 20 Months Rupee Breaches 64 Against Dollar

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  • For First Time In 20 Months Rupee Breaches 64 Against Dollar

    The rupee breached the 64 per dollar mark to hit its lowest in 20 months on Thursday. It last traded around these levels in September, 2013.At the day's low, the rupee hit 64.25 per dollar, down 71 paise or over 1 per cent against Wednesday's close of 63.54 per dollar. It is now on course to for a sixth straight day of fall.Increased demand for dollar from importers and banks also weighed on the rupee, forex dealers said.

  • #2
    Modi ji have really brought Achhe Din in one year only. On 16th May 2014 USD was 58.57 and today 64.18. See the achievement of Modi Govt. in one year.

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    • #3
      The rupee opened lower at 63.75 as against last closing level of 63.54 at the Interbank Foreign Exchange market, later it slid further to breach 64-level to trade at 64.25 at mid-session, showing a significant fall of 71 paise.

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      • #4
        Against Dollar Rupee Slips 7 Paise

        The rupee fell seven paise to 63.59 against the US dollar in early trade on Monday at the Interbank Foreign Exchange due to rise in the greenback’s value against other global currencies.Forex dealers attributed the fall to the dollar’s strength on jump in US core inflation and demand for the American currency from importers.

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        • #5
          Ache Din delivered! Inflation to follow

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