Indian Rupee Falls To 2-day Low Versus U.S. Dollar
February 16 2018 - 1:40AM
RTTF2
The Indian rupee weakened against the U.S. dollar in evening
deals on Friday, as Indian shares fell led by drop in financial
stocks on worries over the Rs 11,300-crore fraud case at Punjab
National Bank and weak trade data stirred concerns about the
economic outlook.
The benchmark BSE Sensex fell by 286.71 points or 0.84 percent
to 34,010.76, while the broader Nifty index ended down 93.20 points
or 0.88 percent at 10,452.30.
The rupee weakened to a 2-day low of 64.26 against the
greenback, from an early 2-week high of 63.79. If the rupee extends
decline, 66.00 is seen as its next support level.
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