Rupee slumps 31 paise to 73.43 against U.S. dollar in early trade amid concerns over rising COVID-19 cases
The Hindu
On April 1, the rupee had settled at 73.12 against the American currency.
The Indian rupee slumped 31 paise to 73.43 against the U.S. dollar in opening trade on April 5 amid concerns over rising COVID-19 cases. Besides, losses in domestic equity markets also weighed on investors’ sentiment. At the interbank forex market, the domestic unit opened at 73.38 against the U.S. dollar, then fell further to 73.43, registering a decline of 31 paise over its previous close.
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