Depreciating rupee will kill small businesses, says Mamata Banerjee
Updated : August 16, 2018 12:07:52 IST
At 10.45 a.m., the rupee recovered to 70.23 after it had plunged to 70.32-33 -- the lowest ever mark -- against the greenback on the back of an apparent intervention by the Reserve Bank of India (RBI).
Mamta Banerjee: Farmers' distress will be compounded as the rupee fell further on Thursday to a new record low beyond Rs 70.20 against the dollar but recovered somewhat later.
Published : August 16, 2018 12:07 PM IST