Friday started with 27 paise weakness
The rupee was 27 paise lower at 66.06 against the dollar on Friday, the last trading day of last week. With this fall the rupee reaches 13 months low. For the first time since March 2017, the rupee has come down to 66 levels. On Thursday, 3 paise was closed at 65.79 level.
Reasons for Declining Rupees
jay Kedia, director of the Kedia Commodity, says that the rise in Brent crude oil prices and FII sales have weakened in rupee terms. From which the rupee came to a low of 1 year.
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