Indian Rupee Falls To 5-day Low Against U.S. Dollar
04 Abril 2021 - 09:46PM
RTTF2
The Indian rupee declined against the U.S. dollar in the morning
session on Monday, as soaring virus cases prompted Maharashtra
government to impose new curbs in the state, including a weekend
lockdown and night curfew.
India's daily infections surpassed the 1-lakh mark on Sunday,
recording an all-time high of 1.03 lakh cases.
The Reserve Bank of India's monetary policy outcome is due on
Tuesday.
The Indian rupee dropped to a 5-day low of 73.46 against the
greenback. Indian market was closed on Friday on account of Good
Friday holiday. On the downside, 76.00 is possibly seen as its next
support level.
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