Rupee at historic low (69.10)against dollar

Rupee value continues to drop on 4th day at Rs. 69.10 for a dollar on Jun'28. It is due to continuous price rise of crude oil. May create 'Current Account Deficit' & inflation.Oil refineries are largely importing crude,creating this drop in rupee value.It opened at Rs. 68.87 & dropped by 49 paise to Rs.69.10 for a dollar.

Rupee value continues to drop on fourth day at Rs. 69.10 for a dollar on Jun'28,2018. It appears to be due to continuous price rise of crude oil. It may create 'Current Account Deficit' and inflation. On Nov'26,2016 rupee had dropped to Rs. 68.80. Oil refineries are continuously and increasingly importing crude, which has created this drop in rupee value. It opened at Rs. 68.87 for a dollar and dropped further to by 49 paise to Rs.69.10 for a dollar. Yesterday America asked India, China and other allied countries not to import crude oil fro Iran after 04th of November this year. This has created this situation and crude oil prices are rising globally. Ref. : https://www.jansatta.com/business/indian-rupee-slumped-to-all-time-low-of-rs-69-10-against-us-dollar/697707/ --- Dated: Jun'28,2018

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<p>Rupee value continues to drop on fourth day at Rs. 69.10 for a dollar on Jun'28,2018. It appears to be due to continuous price rise of crude oil. It may create 'Current Account Deficit' and inflation. On Nov'26,2016 rupee had dropped to Rs. 68.80.                                                                                                  Oil refineries are continuously and increasingly importing crude, which has created this drop in rupee value. It opened at Rs. 68.87 for a dollar and dropped further to by 49 paise to Rs.69.10 for a dollar.                                                                                                                                                                        Yesterday America asked India, China and other allied countries not to import crude oil fro Iran after 04th of November this year. This has created this situation and crude oil prices are rising globally.                                                                                                                                                                        Ref. : https://www.jansatta.com/business/indian-rupee-slumped-to-all-time-low-of-rs-69-10-against-us-dollar/697707/   ---   Dated: Jun'28,2018</p>

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Rupee at historic low (69.10)against dollar