Rupee hits 4-month low against dollar, drops 31 paise
The rupee dropped by 31 paise to a four-month low level of 65.12 against the US dollar.
Mumbai: The rupee today dropped by 31 paise to a four-month low level of 65.12 against the US dollar.
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Yesterday, the rupee plummeted by a whopping 54 paise to end at 64.81 a dollar, its weakest level in over two-and-half months after the US Federal Reserve left the door open for a rate hike in December.
Also Read: Rupee rebounds 8 paise in opening trade
The benchmark BSE Sensex drifted further lower by 231.79 points, or 0.72 per cent, to 32,138.25 in early trade today.
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