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Rupee nears 73-mark against US dollar


New Delhi, Sep 25: Indian Rupee (INR) fell 33 paise 72.82 against the US dollar as the greenback strengthened overseas on Tuesday. Rupee opened lower by 26 paise at 72.89 per dollar versus previous close 72.63.

I agree with Chidambaram that the falling Rupee is not such a bad thing

Rupee nears 73-mark against US dollar

The US dollar ended sharply higher against the rupee at Rs 72.63/64 per dollar and the pound sterling also finished higher at Rs 95.41/43 per pound at the close of the Interbank Foreign Exchange (forex) market Monday.

The Indian currency has been one of the worst performers in the Asian region, this year.

Why happiness of Indians working abroad over Rupee fall is going to be short lived

Meanwhile, the international benchmark Brent crude breached the $81 a barrel mark by surging over 3 percent to trade at $81.28 a barrel.

(With PTI inputs)

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