Diabytes
Rupee-Dollar News
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Chhattisgarh Chief Minister Bhupesh Baghel took a dig at the plunging rupee against the US Dollar
The Congress leader said, "Found an elderly person today - I asked grandfather, how old are you? He said 1 dollar. I wish him long life"
Earlier in morning trade on Friday, the rupee plunged to an all-time low of 82.22 against the US dollar in morning trade
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RBI Governor Raghuram Rajan on Monday said the current level of the rupee is "pretty reasonable" and any attempt to devalue it may lead to a surge in inflationary pressures and "offset any benefits".
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The rupee strengthened by four paise to 65.25 against the dollar in early trade on Tuesday on sustained selling of the US currency by exporters and banks amid firm equity markets.
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