Dollar Vs Rupee: The rupee touched another low with a fall of 6 paise against the US currency. Rupee opened at 83.06 against dollar today. Let us tell you that on May 30, 2014, the value of one dollar was Rs 59.28.
The rupee depreciated by 6 paise against the US currency on Thursday to touch another low at the interbank forex exchange market amid a firming dollar in overseas markets and continued outflow of foreign capital. The rupee opened at 83.06 against dollar today.
It is worth mentioning that the rise in crude oil prices in the international market and weakening of risk taking sentiment among investors also affected the rupee.