Rupee slips further to end at Rs. 68.16 against dollar - News Summed Up

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Rupee slips further to end at Rs. 68.16 against dollar


ling for the second day, the rupee on Monday slipped further by 3 paise to close at 68.16 per dollar on the back of sustained dollar demand from importers amidst fall in stock markets. more-inPersistent foreign capital outflows mainly affected the rupee value against the dollar, a forex dealer said. Falling for the second day, the rupee on Monday slipped further by 3 paise to close at 68.16 per dollar on the back of sustained dollar demand from importers amidst fall in stock markets. Persistent foreign capital outflows mainly affected the rupee value against the dollar, a forex dealer said. However, weakness of dollar in the overseas market restricted the rupee fall against the dollar, the dealer said.


Source: The Hindu November 21, 2016 13:41 UTC



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