Indian Rupee Falls To More Than 4-week Low Against U.S. Dollar

Date : 01/03/2020 @ 2:11AM
Source : RTTF2
Stock : Pound Sterling vs Japanese Yen (GBPJPY)
Quote : 140.3655  -0.992 (-0.70%) @ 3:32AM
Sterling vs Yen share price Chart

Indian Rupee Falls To More Than 4-week Low Against U.S. Dollar

Sterling vs Yen (FX:GBPJPY)
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2 Months : From Dec 2019 to Feb 2020

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The Indian rupee lost ground against the U.S. dollar in morning deals on Friday, as crude oil prices spiked on the back of Middle East geopolitical tensions.

The benchmark S&P/BSE Sensex dropped 183 points, or 0.44 percent, to 41,443, while the broader NSE Nifty index was down 56.55 points, or 0.46 percent, at 12,226.

The Indian rupee slipped to more than a 4-week low of 71.73 against the greenback from Thursday's closing value of 71.21. The rupee is seen locating downside target around the 74.00 area.

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