Rupee falls below 73 level against US dollar

November 12, 2018 13:44

The rupee weakened further and dipped by 54 paise to 73.04 against the US dollar Monday, owing to increased demand for the American currency from importers amid increasing global crude oil prices.

International benchmark Brent crude was trading higher by 2.04 per cent at USD 71.61 per barrel. Forex traders said besides increased demand for the US currency from importers, the dollar's strength against some currencies overseas weighed on the domestic unit. -- PTI

« Back to LIVE

TOP STORIES

LIVE! Why is ECI afraid?: Cong after election rule tweak

Govt tweaks poll rule to curb public inspection of...

Based on the recommendation of the Election Commission (EC), the Union law ministry on Friday amended Rule 93(2)(a) of the Conduct of Election Rules, 1961, to restrict the type of "papers" or documents open to public inspection.

'Pushpa 2' stampede: CM lambast 'inhuman' Allu Arjun

Telangana Chief Minister A Revanth Reddy has criticized Telugu actor Allu Arjun for attending the screening of 'Pushpa-2' despite police permission being denied. Reddy alleges that the actor continued to be present at the cinema hall...

Amid Ambedkar row, AAP declares scholarship for Dalits

In the run-up to the assembly elections in Delhi, AAP supremo Arvind Kejriwal announced an Ambedkar scholarship for free foreign education of the city's Dalit students. The scholarship is a response to the BJP's "insult" of Ambedkar,...

TN temple refuses to return iPhone dropped in 'hundi'

As per the practises and tradition at the temples, any offerings made into the hundial directly goes into the account of the deity of that temple. Rules do not permit the administration to return the offerings back to the devotees, Babu...