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Rupee recovers from record low of 72.91/$

IANS  |  Mumbai 

The Indian recovered from the day's low to trade around 72.50 per during the afternoon session on Wednesday.

Around 1.45 p.m., the traded at 72.50 per dollar, appreciating by 19 paise from its previous close of 72.69 per greenback.

Earlier in the day, it hit a new record low of 72.91 per dollar, weighed down by inflationary concerns and amid weakness in global currencies against the

The market would focus on the country's Index of Industrial Production and Consumer Price Index data to be released later in the day, analysts said.

--IANS

rrb/mr

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

First Published: Wed, September 12 2018. 14:12 IST
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