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Indian Rupee down 20 paise against USD

Indian Rupee down 20 paise against USD

India Blooms News Service | @indiablooms | 16 Dec 2019, 11:43 am

Mumbai/UNI: The Rupee on Monday slid by 20 paise to 71.02 on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.

In opening trade, the local unit that rose by seven paise to 70.75, tumbled down by 20 paise to end negative at 71.02 from its previous close.

High oscillation was witnessed during the day as the domestic unit recorded day high and low at 71.02 and 70.75 respectively.

The Rupee was seen negative on strong dollar against other world currencies along with negative stock market, they added. 

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