The shambolic show and performance of Indian Rupee has again completed the daily course of sliding down.
The Indian Rupee which was supposed to be at 35-30 against USD, with the arrival of Modiji in the power, but did not today closed at another low of 73.57 per US dollar.
But, this was not the lowest, our rupee today went as low as 73.82 but later recovered to close at 73.57.
The currency of United States of America today got a big boost by the easing crude oil prices and increased dollar selling by banks and exporters.
However, retreating crude oil prices which fell 1.93 per cent to $78.29 per barrel eased concerns and helped arrest a decline in the local currency, a dealer said.