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Rupee Hits New All-Time Low Of 73.77 Against Dollar | Read

PUBLISHED ON: October 4, 2018 | Duration: 3 min, 42 sec

  
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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.
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