Indian Rupee
Indian Rupee drops 28 paise against UDD
Mumbai/UNI: The Rupee on Tuesday dropped 28 paise to settle at 72.89 against the USD on brisk demand for US Dollar by bankers and exporters, dealers at the Forex Market said.
The domestic unit that rose by seven paise to 72.54, plummeted 28 paise to close negative at 72.89 as compared to its previous close.
The local unit registered days high and low at 72.52 and 72.92 respectively.
The Rupee remained under pressure owing to firm dollar against other world currencies amid negative equity market, dealers added.
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