Rupee hit record low at 69 47 in opening trade against USD

Rupee hit record low at 69 47 in opening trade against USD


Mumbai, The Rupee on Monday dropped by 36 paise to 69.47, record low in early trade on rising demand for US Dollars by banks and importers, dealers at the Forex Market said. The local unit declined on strong Dollar against other world currecies along with negative opening in equity market, they said. A major fluctuation was seen during an intra day trade as it registered day high and low at 69.62 and 69.39 respectively, they added.

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