Indian Rupee vs US Dollar: Rupee sinks to 68.5 against the US Dollar

Mansi
Published on: Aug 29, 2013
1051 views

Rupee's free fall continues as it sinks to an all time low of over 68 against the U.S dollar.

Stock markets tracked the rupee weakness and opened in the red. Sensex plunged 400 points. Early in the day, it made a light recovery but continues to fluctuate.

While Nifty is trading over 100 points lower. Gold prices too reacted to the sinking rupee. Recorded an all time high of over 34 thousand rupees per 10 gms. The opposition meanwhile is quick to lash out at the government and demanded the resignation of the UPA Government.

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