Business Economy


Rupee falls by 24 paise to 86.72 against US dollar

Rupee falls by 24 paise to 86.72 against US dollar

Mumbai, June 19 (UNI) The rupee on Thursday depreciated further by 24 paise to close in red at 86.72, a three-month-low, against the US dollar on sustained demand for the greenback from bankers and importers in view of rise in crude oil prices amidst escalating geopolitical tensions in the Middle East, dealers in Forex market said.

The local currency opened negative at 86.53 against the dollar, down by five paise, as compared to its previous close of 86.48.

The partially-convertible rupee recorded intra-day high and low at 86.48 and 86.90 per USD, respectively, dealers added.

UNI JS SS

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