Enlarge Photo
A man uses an electronic machine to check an Indian currency note at a money...
Fri, May 16 01:50 PM
MUMBAI (Reuters) - The rupee fell to a fresh 13-month low on Friday as record high oil prices and worries about muted capital flows into a slowing economy increased demand for U.S. dollars.
At 1:42 p.m., the partially convertible rupee was at 42.83 per dollar, a level it last traded on April 12, 2007, according to Reuters data. It had closed at 42.75/76 on Thursday.
| Copyright © Yahoo Web Services India Pvt Ltd. All rights reserved. Questions or Comments Privacy Policy -Terms of Service - Copyright Notice |