Rupee hits record low of 62.60
business 14:23
Mumbai, August 19: The Rupee tumbled to record low of 62.60 against the dollar in early trade at the Interbank Foreign Exchange market on dollar demand from importers.
Besides increased demand from oil importers for the US currency, lower opening in the equity market pulled down to Rupee to all-time low, forex dealers said.
The Rupee had lost 22 paise to close at 61.65 against the dollar on Friday's trade.
Besides increased demand from oil importers for the US currency, lower opening in the equity market pulled down to Rupee to all-time low, forex dealers said.
The Rupee had lost 22 paise to close at 61.65 against the dollar on Friday's trade.
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on 14:23.
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