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Rupee breaches 70 per dollar mark as Turkey concerns persist

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Reuters MUMBAI

MUMBAI (Reuters) - The rupee erased early gains to hit an all-time low of 70.1 per dollar on Tuesday, as concerns about Turkey's economic woes persisted.

The rupee was last at 69.99 to the dollar, compared with its previous close of 69.95 per dollar.

The 10-year benchmark bond yield inched up to 7.82 percent after staying muted in early trade.

(Reporting by Suvashree Dey Choudhury; Editing by Subhranshu Sahu)

 

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First Published: Aug 14 2018 | 10:50 AM IST

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