Indian Rupee Declines To 10-day Low Against U.S. Dollar
20 Enero 2020 - 12:56AM
RTTF2
The Indian rupee fell against the U.S. dollar in evening deals
on Monday, as regional shares fell on higher oil prices.
The benchmark S&P BSE Sensex tumbled 416.46 points, or 0.99
percent, to 41,528.91, while the broader NSE Nifty index ended down
121.60 points, or 0.98 percent, at 12,230.75.
Oil prices surged up on news of a blockage of oil exports at
Libya's ports.
Two large crude production bases in Libya began shutting down
amid a military blockade, potentially reducing national output to a
fraction of its normal level.
The Indian rupee declined to a 10-day low of 71.11 against the
greenback from Friday's closing value of 70.99. If the rupee slides
further, 72.00 is likely seen as its next support level.
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