20 May 2018 | 7:20 PM
Research Report
Daily

Currency Research Report: Daily Forex Report

The rupee settled at 68.07 to a dollar, its lowest since Jan. 25, 2017, from 67.51 at previous close. It opened lower but briefly turned higher to 67.46, before falling back again below its psychologically important level of 68 to the day's low of 68.14 in volatile trade. However, greenback sales by state-run banks at multiple levels, apparently on behalf of the Reserve Bank of India, helped the local unit to pare some losses.
16 May 2018 | 10:02 AM