Indian Rupee Drops To 1-week Low Against U.S. Dollar
June 28 2017 - 3:45AM
RTTF2
The Indian rupee drifted lower against the U.S. dollar in
evening deals on Wednesday, as regional shares fell on worries
about provisioning towards large NPA accounts and anxiety ahead of
GST roll-out from July 1.
The benchmark BSE Sensex fell by 123.93 points or 0.40 percent
to 30,834.32 while the broader Nifty index finished at 9,491.25,
down 20.15 or 0.21 percent from its previous close.
The rupee slipped to a 1-week low of 64.70 against the
greenback, compared to Tuesday's closing value of 64.55. If the
rupee extends decline, 66.00 is possibly seen as its next support
level.
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