Rupee down to 71 Vs $ for first time ever

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Rupee down to 71 Vs $ for first time ever

Aug 31, 2018 10:43 IST

The Indian rupee collapsed to a fresh record low of 71 against the US dollar for the first time ever by falling 26 paise on persistent demand for the US currency amid rising crude prices, reported news agency PTI. Rupee opened lower at 70.95 a dollar and slipped further to hit its lifetime low of 71 from its previous close of 70.74.