Rupee hits a fresh record low of 72.92, Domestic Oil prices unchanged

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Bhubaneswar: The Indian rupee today plunged to a fresh record low of 72.92 against the US dollar, falling 22 paise during morning deals. The rupee, which opened at 72.75 against the greenback, slipped to a new record low of 72.9150/$, down 22 paise from its Tuesday’s close at 72.6950 vs dollar. On the other hand, Petrol and Diesel prices for the first time have remain unchanged today after continuous rise for several days causing resentment among the public. Meanwhile, Crude oil prices have once again nearing the USD 80 mark per barrel amid fresh turmoil in Libya and Iran. Rising crude oil prices, along with a widening current account and a stronger dollar on the back of escalating global trade war concerns, continued to put pressure on the rupee.

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