Rupee falls 24 paise to close at 74.10 against U.S. dollar
The Hindu
The local unit witnessed an intra-day high of 74.08 and a low of 74.28 against the greenback
The Indian rupee slumped 24 paise to breach the 74 per U.S. dollar level on Monday as participants turned risk-averse. At the interbank forex market, the domestic unit opened weak at 74.20 against the American currency, pared some initial losses and finally closed at 74.10, showing a fall of 24 paise over its previous close. On Friday, the rupee had settled at 73.86 against the American currency.
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