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Rupee continues to depreciate, hits fresh record low of 72.69 versus US dollar

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This was a biggest single session decline against the US dollar since August 13.

India TV News Desk Edited by: India TV News Desk
Mumbai Updated on: September 11, 2018 17:38 IST
This was a biggest single session decline against the US

This was a biggest single session decline against the US dollar since August 13.

Indian rupee touched a fresh record low of 72.69 per US dollar on Tuesday. 

It opened higher by 15 paise at 72.30 per dollar. On Monday, it ended at record closing low of 72.45 per dollar, down by 72 paise against Friday's close of 71.73.

This was a biggest single session decline against the US dollar since August 13.

It touched a record low of 72.67 per dollar during intraday Monday.

Meanwhile, market benchmark BSE Sensex crashed 509 points to close at more than one-month low of 37,413.13 on Tuesday due to heavy selling in FMCG, metal, auto and financial stocks amid growing concerns over intensifying global trade war.

The BSE barometer closed the day with a hefty fall of 509.04 points or 1.34 per cent at 37,413.13. This is the weakest closing since August 2 when it had ended at 37,165.16. It had lost 467.65 points in the previous day.

The 50-share NSE Nifty cracked below the 11,300-mark by falling 150.60 points or 1.32 per cent at 11,287.50. Intra-day, it shuttled between 11,479.40 and 11,274.

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ipl 2019