Breaking its two-day winning run, the Indian Rupee today tumbled by 32 paise to close at 68.06 against the US currency on month-end dollar demand from importers and banks amid persistent foreign capital outflows.
The Indian Rupee opened lower at 67.84 per dollar as against the yesterday's closing level of 67.74 at the Interbank Foreign Exchange (Forex) Market and dropped further to 68.07 before ending at 68.06, showing a loss of 32 paise or 0.47 per cent.
The Indian Rupee had gained by 25 paise, or 0.37 per cent, in previous two trading days. The domestic unit hovered between 67.8150 per dollar and 68.07 per dollar the day.
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