Indian Rupee depreciates against the US Dollar - Rs. 67.05
Posted on: 20/Feb/2017 11:41:49 AM
Just like the prevailing uncertain situation in the Indian Stock Market, the value of Indian Rupee also is unsteady. With the stock exchange opening today at 9.00 AM, the value of the India Rupee against the US Dollar went down by 4 paise and stood at Rs. 67.05.
The stock market experts explained that this downturn is mainly due to the 2 reasons of the fluctuations in the Indian Stock Market and the increasing demand for the US Dollars.
It is worth noting that earlier, during the last Friday (17th February), the value of the Indian Rupee had appreciated against the US Dollar by 6 paise and stood at Rs. 67.01.
