Indian Rupee plunges to five month low, trading at 74.58 against USD

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Indian Rupee plunges to five month low, trading at 74.58 against USD

timestampApr 09, 2021 authorAlShorts Web Desk

Indian Rupee weakened by 11 paise against US Dollar, closing at nearly five months low The recent plunge was a result of rising COVID-19 cases disrupting economic recovery of India. INR settled at 74.58 against USD, lowest since 13 November 2019. The local unit opened at 74.38 at the interbank forex market followed by a trading range of 74.19 and 74.93 during the day.

Latest News

Over 10 million COVID-19 vaccine doses administered in UAE

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