Rupee slips to record low Rs. 157.40 against US dollar

Published : 9:10 am  April 26, 2018 | No comments so far |  | 


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According to currency dealers, the rupee hit a fresh low of Rs.157.40 against US dollar yesterday, surpassing the previous record low of Rs.157.30 recorded on Tuesday.  


As per the Central Bank website, as of yesterday, the buying rate of US dollar was Rs.155.26 and the selling rate was Rs.159.04.  

According to the Central Bank, the rupee has depreciated 2.3 percent so far this year. It dropped 2.5 percent last year and 3.9 percent in 2016.