Rupee falls 23 paise to close below 74-level against U.S. dollar
The Hindu
On Monday, the Indian rupee had settled at 73.83 against the U.S. dollar.
The rupee tumbled 23 paise to close at 74.06 against the U.S. dollar on Tuesday amid a lacklustre trend in domestic equities and strengthening of the American currency in the overseas market.
At the interbank foreign exchange market, the local currency opened at 73.79 and witnessed an intra-day high of 73.73 and a low of 74.12 against the U.S. dollar in day trade.
The local unit finally settled at 74.06 a dollar, down 23 paise over its previous close. On Monday, the rupee had settled at 73.83 against the U.S. dollar.
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