Usd to inr live rate today: Rupee falls to near six-month low against US dollar: 5 things to know

Indian rupee today weakened past 71 levels against the US dollar, falling to 6-month lows against the greenback. So far during the day, the rupee traded in the range of 71.02 to 71.40 against the US dollar, before settling at 71.39 as compared to previous close of 70.79. Reflecting global risk-off sentiment, stock markets across the globe slumped today as fears about a drawn out China-US trade war, protests in Hong Kong and a crash in Argentina’s peso currency drove investors to safe harbours like bonds, gold, and the yen.

Leave a Reply

Your email address will not be published. Required fields are marked *