Little India: Overseas Indian, NRI, Asian Indian, Indian American

Rupee Plunges to Record Low of 71 Against US Dollar

After hitting its fresh all-time low of 71-mark against the US dollar in opening trade, the local currency was trading 17 paise down at 70.91.

Month-end dollar demand from importers and rising crude oil prices in the international market during the last couple of sessions mainly pressurised the local currency.