Rupee Hits New All-Time Low Of 73.77 Against Dollar | Read
PUBLISHED ON: October 4, 2018 | Duration: 3 min, 42 sec
The rupee hits new low of 73.77 by plunging 43 paise against US dollar on Thursday. On Wednesday, the rupee declined sharply lower against the US dollar to close at a record 73.34, amid soaring crude oil prices. Government on Wednesday said that it will allow state oil marketing firms to raise $10 billion in overseas loans to help them deal with a sharp rise in crude oil prices and a falling rupee currency.