Indian Rupee drops 34 paise against USD
Mumbai: The Rupee on Friday tumbled down 34 paise to close at 76.48 against the USD on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.
The local unit that fell by 15 paise at 76.29 in early trade, lost further by 34 paise to finish at 76.48 as compared to its previous close.
The Rupee slid owing to firm dollar against other world currencies amid weak equity market.
The Rupee unit registered days high and low at 76.27 and 76.52 respectively against the US Dollar, dealer added.
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