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Currency

Rupee falls below 76 level against dollar for the first time as coronavirus spreads

Updated : March 23, 2020 10:19 AM IST

Forex traders said market participants are concerned that the sharp rise in coronavirus cases, with nearly 390 cases in the country, could weigh on the economy.
Asian shares, meanwhile, sank on Monday as a rising tide of national lockdowns threatened to overwhelm policymakers' frantic efforts to cushion what is likely to be a deep global recession
Oil prices fell on Monday as governments escalated lockdowns to curb the spread of the global coronavirus outbreak.
Rupee falls below 76 level against dollar for the first time as coronavirus spreads

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