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Rupee at its lowest ever against dollar

The Indian rupee traded at 74.27 to a dollar, which is its lowest ever against the American legal tender.

Rupee at its lowest ever against dollar

Representational Image (Photo: iStock)

The mid-afternoon session on Tuesday did not bring much cheer for the India currency as the rupee tripped to a new low of 74.27 to a US dollar around 1.25 p.m.

The Indian rupee traded at 74.27 to a dollar, which is its lowest ever against the American legal tender.

The rupee made a slight recovery at 1.35 p.m. to stand at 74.26 to a USD.

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It opened the day’s trade at the Inter-Bank Foreign Exchange Market at 73.85 to a USD from its previous close of 74.07.

(With agency inputs)

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