UAE

Life and Living

World

Opinion

Business

Sports

Entertainment

Lifestyle

Travel

Reviews

Brands

Supplements

KT Events

KT APPDOWNLOAD

Type your keywords

Indian rupee drops to 19.03 vs UAE dirham

Mumbai - It has opened at 69.47 against the US dollar on Monday.

Read more...

By Web Report

Published: Mon 13 Aug 2018, 8:21 AM

Last updated: Mon 13 Aug 2018, 8:30 PM

The Indian rupee on Monday declined to 69.61 per dollar during the day after opening at a record low of 69.47.
Against the UAE dirham, the rupee was trading at 19.03 at 3:00pm (UAE time), according to XE.com.
The Indian currency fell 66 paise in the early trade on Monday against its previous close 68.83 against the greenback.
On Friday, the rupee had lost 15 paise to end at 68.83 against the resurgent dollar. Industrial output recorded a growth of 7 per cent in June on account of higher output in mining, manufacturing and power generation segments, according to data released by the Central Statistics Office (CSO).
Forex dealers said selling of the greenback by banks and exporters supported the rupee. However, dollar's strength against other currencies overseas and lower opening in the domestic equity markets capped the gains.
Meanwhile, the benchmark Sensex fell 284.27 points, or 0.75 per cent, to 37,584.96 in opening trade today.
(With inputs from PTI)

Web Report

Published: Mon 13 Aug 2018, 8:21 AM

Last updated: Mon 13 Aug 2018, 8:30 PM

Recommended for you