Rupee at 5 week lows against the USD at Rs 48.92/$; yesterday low was at Rs 48.66/$
Indian Rupee is trading at 5 week lows against the USD at Rs 48.92/$. Its yesterday low was at Rs 48.66/$. Today, rupee touched a new low at Rs 48.93/$, thus making a fresh 5 week low.
The rupee is at its lowest level sicne election resutls (May 16). And is likely to remain there. It has to go to Rs 49.50/$ to break the May 15 low.
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