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. 31000.00 (-0.26%)|
|Gold Rate in Mumbai||Rs. 31820.00 (0.51%)|
|Gold Rate in Delhi||Rs. 31750.00 (0%)|
|Gold Rate in Kolkata||Rs. 31990.00 (0%)|
|Gold Rate in Kerala||Rs. 30250.00 (0%)|
|Gold Rate in Bangalore||Rs. 30500.00 (0%)|
|Gold Rate in Hyderabad||Rs. 31110.00 (0.1%)|