Rupee fall due to external factors: economic affairs secretary

Reuters  |  NEW DELHI 

(Reuters) - The fall in the was due to external factors and there was no need to worry at this stage, a senior ministry official told television channels on Tuesday.

The external factors were expected to ease, Subhash Chander Garg, at the ministry of finance, told reporters.

The hit an all-time low of 70.1 per dollar earlier on Tuesday, as concerns about Turkey's economic woes persisted.

(Reporting by Manoj Kumar; Editing by Sunil Nair)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 14 2018. 12:09 IST