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Re dives 29p to close at 6-mth low vs $

MUMBAI: The rupee on Monday plunged by 29 paise or 0.44% to close at a six-month low of 65.49 against the US currency on widening trade deficit concerns amid heightened geopolitical worries.

Mumbai, April 16

The rupee on Monday plunged by 29 paise or 0.44% to close at a six-month low of 65.49 against the US currency on widening trade deficit concerns amid heightened geopolitical worries.

The Indian unit was the biggest loser among Asian currencies which suffered due to a strong US dollar after the strike on Syria by the US, the UK and France. — PTI

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