Tuesday , 20 March 2018

Rupee sinks against dollar a record-high this year

Currency dealers have described the depreciation of the rupee against the dollar as a deliberate attempt by the government to devalue the local currency.

The dollar rate in the inter-bank market was around Rs105.5 on Monday.

It is learnt that the government was pressurized to devalue the rupee during talks with the International Monetary Fund in Dubai.

Source By : ‘ARY NEWS FEED’