Indian Rupee Falls To More Than 4-week Low Against U.S. Dollar
03 Gennaio 2020 - 3:11AM
RTTF2
The Indian rupee lost ground against the U.S. dollar in morning
deals on Friday, as crude oil prices spiked on the back of Middle
East geopolitical tensions.
The benchmark S&P/BSE Sensex dropped 183 points, or 0.44
percent, to 41,443, while the broader NSE Nifty index was down
56.55 points, or 0.46 percent, at 12,226.
The Indian rupee slipped to more than a 4-week low of 71.73
against the greenback from Thursday's closing value of 71.21. The
rupee is seen locating downside target around the 74.00 area.
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