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Rupee Falls To Fresh Low Hitting 71.54 Per Dollar

The Indian Rupee continues to decline.
Reuters
A customer hands Indian currency notes to an attendant at a fuel station in Mumbai, India, August 13, 2018. REUTERS/Francis Mascarenhas
Francis Mascarenhas / Reuters
A customer hands Indian currency notes to an attendant at a fuel station in Mumbai, India, August 13, 2018. REUTERS/Francis Mascarenhas

MUMBAI (Reuters) - The Indian rupee continued its decline in afternoon trade on Tuesday, hitting a fresh low, as it fell in line with other emerging market currencies as broad dollar strength and simmering trade tensions put pressure on risk assets.

The partially convertible rupee was trading at 71.52/53 per dollar at 0958 GMT versus its previous close of 71.22/23. The unit touched a life low of 71.54 a little earlier.

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This article exists as part of the online archive for HuffPost India, which closed in 2020. Some features are no longer enabled. If you have questions or concerns about this article, please contact indiasupport@huffpost.com.