May 18, 2024 16:39 (IST)
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Yuan, Rupee plummet amidst growing concerns
New Delhi, Dec 14 (IBNS) The Indian Rupee sank further to hit a new low against US Dollar in the last two years, according to reports.
The Rupee, which now stands at 67.09 against a Dollar, had recorded its lowest point since September 2013.
Also following suit is Chinese Yuan, which hit a new low in 4 and a half years.
The drop is partially due to the plunging oil prices.
The Rupee might take a further dip, if China devalues the Yuan.
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