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Indian Rupee has encountered a very steep fall against the US $,
Posted on: 16/Jan/2016 1:33:10 PM
Indian Rupee has encountered a very steep fall against the US $,
1 US $ is more than Rs. 67/-.
As per the starting time on Thursday, 14th January, trading in the International exchange Market, Indian Rupee’s fell by 26 Paise and came to Rs. 67.11 per US $.
As the day’s trading was drawing to a close, the Indian Rupee fell further by Rs. 0.45 more and the dollar rate was Rs. 67.29.
The experts explained that as the demand for dollar by the banks &
importers has increased and the stock market had started with a strong bearish trend, The India Rupee had to encounter this steep fall against US $.
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