Rupee slips to record low of Rs 73.34 against US dollar

rupee slipped another 43 paise against the dollar to 73.34

The rupee continues to fall as the value touched another record low of 73.34 against the US dollar.

This happened on Wednesday.

The rupee plunged below the 73-mark amid strong demand for the American currency from oil importers and unabated capital outflows.

The rupee slipped another 43 paise against the dollar to 73.34.

The rupee had earlier closed at 72.91 against dollar on Monday.

This comes as Brent crude oil price crossed $ 85 per barrel on Tuesday and energy experts expect the price to touch $ 100 per barrel.

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