Mumbai: The rupee Wednesday collapsed to a lifetime low of 72.91 against the dollar at the interbank foreign exchange market. The domestic currency was quoting 22 paise lower at a fresh record low of 72.91 against the US dollar in morning trade amid surging crude oil prices and uanabated foreign fund outflows.
Mumbai: The rupee strengthened 21 paise to trade at 68.36 against the US dollar in morning session at the interbank forex market today. Fresh selling of the American unit by exporters and banks and fall in global crude oil prices boosted the domestic currency.
Currency drops 32 paise, 10-year bond prices rise on rate hike fears.
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