Rupee plunges to record low of 69.12 against US dollar
Beeps By | Jul 20 2018

The rupee plunged to record low of 69.12 against the US dollar on Friday as Chinese central bank weakened its daily reference rate for the yuan. The yuan went down further by 0.28% to 6.7943 to dollar, its most lowest in ten year due to the trade war between China and the US. Besides, weak domestic exchanges also contributed to the rupee’s fall.

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