August 14, 2018 / 5:21 AM / Updated 6 minutes ago
Rupee breaches 70 per dollar mark as Turkey concerns persist
MUMBAI (Reuters) - The rupee erased early gains to hit an all-time low of 70.1 per dollar on Tuesday, as concerns about Turkey’s economic woes persisted.
A rupee coin is seen in this picture illustration taken in Mumbai April 30, 2012. REUTERS/Vivek Prakash/Files
The rupee was last at 69.99 to the dollar, compared with its previous close of 69.95 per dollar.
The 10-year benchmark bond yield inched up to 7.82 percent after staying muted in early trade.
Reporting by Suvashree Dey Choudhury; Editing by Subhranshu Sahu
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