Wednesday's low was in sync with weakness in other Asian markets and also due to strong month-end dollar demand. The RBI likely sold dollars in small quantities, said officials at state-run banks. On Wednesday, Niti Aayog vice chairman Rajiv Kumar termed calls for a stronger rupee a "falsifiable belief".from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2BZ2pYa
Rupee hits new all-time low of 70.47 against US dollar
![Rupee hits new all-time low of 70.47 against US dollar]()
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August 29, 2018
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