Tag «Rupee»

Rupee falls sharply to the dollar as pandemic resurgence grips Europe

Rupee falls sharply to the dollar as pandemic resurgence grips Europe

By Administrator_India Capital Sands The Indian rupee depreciated sharply on Monday as Europe got under a renewed grip of the coronavirus pandemic and risk aversion pushed the dollar index higher. TheĀ rupeeĀ fell about 24 paise on Monday to close at 73.85 a dollar as the dollar appreciated against major currencies, and nationalised banks bought dollars from …