Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
September 18, Tuesday 2018 8:35 PM       

       HEADLINES: Lookout notice against eight in Abhimanyu case                                              Modi returns thanks to Mohanlal's birthday tweet                                              If Sabarimala pilgrim is changed to Vavaru Mosque pilgrimage, bus charge will come down: Ali Akbar                                              Thachankary seeks Lord Ayyappa's blessings, justifies bus charge hike                                              Jalandhar bishop calls nun ‘troublemaker’ in anticipatory bail plea                                              SC notice to Centre on plea seeking ban on 85 pesticides                                              Court summons Lalu, others as accused in IRCTC money laundering case                                              Bihar CM Nitish Kumar admitted to AIIMS                                              PM's silence on gangrape unacceptable; shameful govt leaves India's women unprotected: Rahul                                              Germany rolls out world's first hydrogen train                                              Imran Khan govt auctions 70 luxury cars as part of austerity drive                                              Nepal: Madhesis confident of govt addressing their demands                                              Archery coach Teja, athletic's Pannu recommended for Dronacharya Award                                              High expectations made me anxious: Ronaldo after Juventus goals                                              Kaumudi Facebook
       BUSINESS Next Article: Skills and You develops special module 'Curio'  
       Rupee sinks to new low of 72.91, drops 22 paise against USD
 
         Posted on :00:48:27 Sep 13, 2018
   
A A
       Last edited on:00:48:27 Sep 13, 2018
         Tags: Rupee sinks to new low of 72.91, drops 22 pai
 
Mumbai: The rupee Wednesday collapsed to a lifetime low of 72.91 against the dollar at the interbank foreign exchange market.
 
The domestic currency was quoting 22 paise lower at a fresh record low of 72.91 against the US dollar in morning trade amid surging crude oil prices and uanabated foreign fund outflows.
 
Escalating trade war concerns, consistent dollar demand from banks and importers, mainly oil refiners, following higher crude oil prices, kept the rupee under pressure, dealers said.
 
On Tuesday, after scaling a historic low of 72.74, the local unit, finally settled day at 72.69, showing a loss of 24 paise, or 0.33 per cent.
 
Brent crude gained 0.35 per cent to quote at USD 79.34 a barrel. It had surged over 2 per cent in Tuesday's trade.
 
Sentiment was also hurt by sustained capital outflows, they added.
 
Meanwhile, the benchmark Sensex was up by 133.29 points, or 0.35 per cent, to 37,546.42 in the opening deals.
 
A A
       BUSINESS
Next Article: Skills and You develops special module 'Curio'
 
 
BUSINESS HEADLINES
Dena Bank surges 20%; BoB tumbles 14% post merger announcement  
Vijaya Bank, Dena Bank, BoB to merge: Govt  
Mother Dairy won't cut prices despite Patanjali's cheaper cow milk  
Union Bank of India exits Antwerp diamond market  
Naidu discusses bilateral cooperation in trade and defence with Serbian President  
FundzBazar crosses 2 lakh investors milestone  
Ramdev Baba’s Patanjali launches cow milk, french fries and more  
United Bank of India increases MCLR by five basis points  
RBI submitted a list of high profile fraud cases to PMO: Rajan  
Chemists call for strike on Sep28 against online medicine sale  
Rupee sinks to new low of 72.91, drops 22 paise against USD  
Skills and You develops special module 'Curio'  
Google ready to comply with RBI norms for payment services, says official  
FinMin in touch with RBI for market intervention to contain rupee value  
Sensex plunges over 400 pts as rupee breaches 72.50 mark  
Niti Aayog asks auto cos to stick to timeline to achieve full e-mobility  
FastFox registers 3x growth post rollout of revolutionary 'Open House' model  
Jio completes two years, aims to take India to 'top 5' in broadband connectivity  
Gold rises 0.46% on positive global cues  
Rupee pares gains, slips 7 paise against US dollar  
Bajaj Finserv rolls out exciting offers, lowest EMIs on all products  
Gadkari pitches for alternate fuels; says govt not against petrol, diesel  
US dollar ends higher against rupee  
Sensex drops 140 pts as rupee hits new low  
Chidambaram blames govt for rise in petrol prices, says it is due to 'excessive taxes'  
 
Do you think forced salary challenge is acceptable in the current situation?
yes
 
not
 
don't know
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy