Saturday 22 September 2018 ,
Saturday 22 September 2018 ,
Latest News
  • 44 killed as ferry capsizes in Tanzania
  • BNP slams govt for passing Digital Security Bill
  • Zia Charitable Trust graft trial to continue without Khaleda
  • Bangladesh second most gender equal country in Asia
  • Many AL leaders claim green signal from party chief
  • World ‘won’t rest’ on Rohingya crisis
  • World ‘won’t rest’ on Rohingya crisis
7 September, 2018 00:00 00 AM
Print

India’s rupee hits record low against dollar

AFP

India’s rupee hit a new record low of 72 to the dollar on Thursday as emerging market currencies suffered more losses, reports AFP from Mumbai.

The under-pressure currency of Asia’s third-largest economy slid to 72.12 to the greenback in afternoon trade. The rupee has steadily fallen by about 10 percent throughout 2018, after starting the year at 63.67.

Last month it crossed 70 for the first time as India was buffeted by the turbulence of the Turkish financial crisis.

The Turkish lira was sent into a tailspin in August by a bitter diplomatic spat with the United States over Turkey’s detention of an American pastor for almost two years on terror-related charges.

The currencies of other emerging economies heavily dependent on dollar-dominated foreign capital like Brazil, South Africa and Argentina also slipped in August.

Comments

Poll
Today's Question »
Do you think the int’l community should act promptly on the specific proposals the prime minister is set to place at UNGA for resolving Rohingya crisis?
 Yes
 No
 No Comment
Yes 88.2%
No 9.2%
No Comment 2.6%
Most Viewed
Digital Edition
Archive
SunMonTueWedThuFri Sat
01
02030405060708
09101112131415
16171819202122
23242526272829
30

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting