Rupee dollar News
Babbar was addressing a gathering in poll-bound Madhya Pradesh.
The Indian rupee's unabated fall continued for the sixth straight session Wednesday, hitting yet another closing low of 71.75, down 17 paise against the US currency as surging oil prices and weak trend in emerging market currencies weighed on sentiments.
Stretching its strong recovery momentum for the third straight day, the rupee on Friday rose by 4 paise to a fresh one-week high of 64.44 against the US dollar on sustained selling of the American currency by exporters.
The Reserve Bank of India today fixed the reference rate of the rupee at 62.6160 against the US dollar and for the euro at 67.9634 as against 62.2015 and 68.6020 last Thursday.
The Reserve Bank of India today fixed the reference rate of the rupee at 61.8248 against the US dollar and for the euro at 69.1387 as against 61.7908 and 69.2860 on last Friday.
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