&w=600&resize=600,400&ssl=1)
Rupee hits new low, merchants says PSU banks promoting greenback to stem additional depreciation
The rupee hit a low of 85.1850 towards the U.S. greenback, slipping previous its earlier document low of 85.12 hit on Monday. The foreign money was final quoted at 85.1750 as of 10:10 a.m. IST learn extra The Indian rupee dropped to its lifetime low on Tuesday, damage by persistent greenback demand from importers, together…