News X: Rupee plunges to all time low of over 68 against the U.S dollar
- 5 years ago
Rupee's free fall continues the indian currency sinked to an all time low of 68.80 against the dollar. It is the biggest fall in the currency in last 18 years and has sparked all around panic.
Government efforts to curtail rupee fall have been ineffective.
Foreign investors have sold 1 billion dollars worth indian shares in last 8 sessions although net purchases so far this year total upto 12 billion dollars
There were massive fluctuations in the stock markets.
Gold prices too reacted to the sinking rupee recorded an all time high of over 34 thousand rupees per 10 gms.
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Government efforts to curtail rupee fall have been ineffective.
Foreign investors have sold 1 billion dollars worth indian shares in last 8 sessions although net purchases so far this year total upto 12 billion dollars
There were massive fluctuations in the stock markets.
Gold prices too reacted to the sinking rupee recorded an all time high of over 34 thousand rupees per 10 gms.
For More information on this news visit : http://www.newsx.com/
Connect with us on Social platform at : http://www.facebook.com/newsxonline
Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive