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Rupee Opens On First Day Of New Year 2019

Rupee Weakens Against Dollar, Returns Below 70 Mark: 10 Things To Know

Therupee depreciated 9.2% against the dollar last year

After appreciating for two consecutive sessions, the rupee weakened on Wednesday. A gain in the dollar overseas and a selloff in domestic equity markets, leading to a 1 per cent fall in benchmark indices, hurt the rupee. The rupee settled at 70.18 against the dollar, down 75 paise – or 1.1 per cent – from the previous close.

Updated: January 2, 2019 — 1:38 pm

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