Font Size 
Rupee touches all-time low, Rs 49.68 to a dollar
Published on Thu, Oct 23, 2008 at 09:42 in 
Tags: FALL STREET: Rupee closed at 49.31 Wed, fell by 38 paise on sustained dollar demand.
 |
Related Stories
Education reform will be for all Indians: Sibal 
- Federer wins record-breaking 15th Grand Slam title | Photogallery
- Budget preview: Promises to keep | What to expect and what not
- One-upmanship: Sonia, Pawar in foodgrain politics
- 5 feared dead in Madhya Pradesh factory explosions
- Policemen guard Maya's statue wealth across UP
- Youth shot dead by cops had 26 injury marks | Watch
- CPI-M leaders to act to curb Kerala infighting
- Recruiter of child suicide bombers held in Afghan
- Paes-Black lose Wimbledon mixed doubles final
Photogallery
 |  |
Ads by Google
Mumbai: The Indian rupee on Thursday touched an all-time low of 49.68 against the greenback in early trade following increased dollar demand from importers and capital outflows by foreign funds.
At the Interbank Foreign Exchange (Forex) market, the local currency, which closed at 49.31 against a dollar on Wednesday, fell by 38 paise on sustained dollar demand and appreciation of the US dollar against major currencies amid weak Asian markets.
The benchmark Sensex closed lower by 513 points or 4.81 per cent on Wednesday.
| Ads by Google |
| Related Ads: | |
URBANEYE
Read Comment | Post Comment
Is it time for the RBI to reapply strict foreign exchange rules again, at least temporarily until the economy stabilizes
Read Comment
Read more comment »