Friday 24 June 2016

Rupee drops 66 paise against US Dollar

On the global front,the pound plunged to its lowest level since 1985 as results gave a narrow lead to the Leave campaign.

 The Indian rupee opened lower by 66 paise at 67.40/$ against US Dollar on Friday as against the previous close of 67.48/$. On the global front,the pound plunged to its lowest level since 1985 as results gave a narrow lead to the Leave campaign. The rupee Rupee weakens past 68 against US Dollar. Currently it is trading at lowest level since March 1.
The Indian currency ended lower by 18 paise at 67.48$.The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 67.37 and for Euro stood at 76.37. The RBI’s reference rate for the Yen stood at 64.52; reference rate for the Great Britain Pound (GBP) stood at 99.4721.

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