Rupee hits all time low; falls sharply at 68.89

Last Updated: Thu, Jun 28, 2018 13:07 hrs
Rupee (AP Photo)

The Indian Rupee (INR) on Thursday plunged at a further all-time low against the US dollar at 68.89 per dollar, after it closed at 68.61 on Wednesday.

While maintaining a 19-month low, the Rupee further depreciated owing to the increase in the international crude oil prices and trade war concern between the United States and China.

However, the BSE Sensex and Nifty fell down by 97.34 points to 35,119.77 and 44.10 points to 10,627.30, the MoneyControl quoted.

The OPEC announcement made last week, reported fall in crude prices, that have been finding support on lower levels and subsequently keeping currency under pressure.

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