Rupee ends at lowest level of 71.21 per dollar

Last Updated: Mon, Sep 03, 2018 18:37 hrs
Rupee ends at lowest level of 71.21 per dollar

Mumbai: The Indian rupee reversed all the gains made earlier in the day to close at an all-time low of 71.21 per dollar on Monday, tracking a weak trend among its global peers and amid concerns of a wider trade deficit.

On Friday, it settled at 70.99-71, after hitting a low of 71 per greenback.

Currencies across emerging markets have been lately subdued due to the global trade war concerns, analysts said.

More from Sify: