Home Business Rupee slumped by 98 paise to 70.58 against US dollar

Rupee slumped by 98 paise to 70.58 against US dollar

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(G.N.S) Dt. 05 Mumbai The rupee slumped 98 paise to 70.58 against the US dollar in opening trade on Monday, tracking weak opening in domestic equity market and unabated foreign fund outflows. The rupee opened weak at 70.20 at the interbank forex market and then fell further to 70.58, down 98 paise over its last close. The rupee had settled at 69.60 against the US dollar on Friday. Brent crude

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