Indian Rupee Weakens To Session's Low Against U.S. Dollar
December 22 2016 - 1:46AM
RTTF2
The Indian rupee slipped against the U.S. dollar in evening
deals on Thursday, as regional shares declined on weak global cues,
as well as on caution ahead of the upcoming GST council meeting and
fears over demonetization impacting the country's economic
growth.
The benchmark BSE Sensex fell 262.78 points or 1.00 percent to
25,979.60, while the broader Nifty index tumbled 82.20 points or
1.02 percent to finish at 7,979.10.
The rupee dropped to a session's low of 68.01 against the
greenback, off its early 3-day high of 67.74. The next possible
support for the rupee may be found around the 69.5 mark.
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