Rupee sinks 30 paise to 64.21/$

PTI

istock.com/Muralinath   -  Muralinath

Mumbai, Feb 16

The rupee plummeted 30 paise to end at a fresh one-week low of 64.21 against the US dollar on Friday, hit by the double-whammy of rising global crude prices and worsening trade deficit. This is its biggest fall since February 1, when it had lost 44 paise. Overall, the sentiment was weak after the country’s trade deficit widened to an over three-year high on higher oil and gold imports.

Published on February 16, 2018
TOPICS
currency value

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