The news is by your side.

Rupee sinks against dollar a record-high this year

Currency dealers have described the depreciation of the rupee against the dollar as a deliberate attempt by the government to devalue the local currency.

The dollar rate in the inter-bank market was around Rs105.5 on Monday.

It is learnt that the government was pressurized to devalue the rupee during talks with the International Monetary Fund in Dubai.

Print Friendly, PDF & Email



You might also like