Recent recovery in currency was seen on expectations of increase in supply
Cumulatively, the rupee has depreciated almost 49% since December 2017
The rupee has strengthened Rs6 against the greenback in the two days
Currency depreciates to Rs164.05 against US dollar
Currency depreciated to record low of Rs156.96 against dollar
Currency moved both ways within a range of Rs156.50 to Rs157.07
Fresh plunge comes amid mounting import payment and foreign debt repayment pressure
The price increase is a fraction of what was recommended, we could expect a further rise in prices later on
Meeting deliberates over doing business with China, UAE in Yuan, dirham
Currency has recovered a total of Rs2.21 in past three days to Rs149.74 to the greenback