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Rupee crashes further, hits 72.67 per dollar

IANS  |  Mumbai 

Continuing its free fall, the touched a new low of 72.67 on Monday, depreciating by almost a from its previous close of 71.73 per US

Around 12.30 p.m., it traded at its lowest-ever level of 72.67, after opening at 72.18 per greenback.

Along with the decline in global currencies against the and persistent trade tensions, a wider current account deficit of also weighed on the rupee, analysts said.

India's current account deficit in the April-June period stood at 2.4 per cent of the (GDP), against 1.9 per cent of the GDP in the January-March quarter of 2017-18, according to data released by the on Friday.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, September 10 2018. 13:06 IST
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