Mumbai: The Indian rupee breached the 72 per US dollar mark for the first time on Thursday.
Around 1 p.m., the rupee traded around 72.05 per dollar, against Wednesday's closing of 71.76 per greenback.
According to analysts, the fall in the rupee is due to the Sino-US trade tensions along with high crude oil prices and outflow of foreign funds.
Finance Minister Arun Jaitley on Wednesday said external factors have caused the depreciation of the rupee.
|Gold Rate in Chennai||Rs. 30450.00 (-0.23%)|
|Gold Rate in Mumbai||Rs. 31250.00 (0%)|
|Gold Rate in Delhi||Rs. 31100.00 (0%)|
|Gold Rate in Kolkata||Rs. 31360.00 (-0.1%)|
|Gold Rate in Kerala||Rs. 29700.00 (0%)|
|Gold Rate in Bangalore||Rs. 29900.00 (-0.13%)|
|Gold Rate in Hyderabad||Rs. 30450.00 (-0.23%)|