The Indian Rupee Breached A 71 Mark For The First Time On Friday

The Indian rupee breached a 71 mark for the first time on Friday. It has opened at a fresh record low of 70.95 per dollar versus previous close 70.74.

Yesterday the rupee ended at fresh life time low of 70.74 the dollar due to month-end demand for the US currency from importers and rising crude oil prices.

However, during the the rupee slipped to a record low of 70.90 to a dollar.

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