Rupee drops 8 paise against USD
Mumbai, May 21 (UNI)The Rupee on Wednesday lost another 8 paise to close at 85.68 against USD on brisk demand for US Dollar from foreign banks and importers, dealers at the Forex Market said.
The Rupee that opened on a flat note at 85.60 remained under pressure throughout the session.
Finally, finished at 85.68, sliding 8 paise as compared to its previous close.
The Rupee fell owing to a strong dollar against other world currencies, along with a rebounding equity market, a dealer informed.
The Rupee recorded day's high and low at 85.58 and 85.72 respectively, the dealer added.
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