ZI:Rupee extends downslide, tumbles past 68 Vs dollar
New Delhi: The rupee on Tuesday further depreciated by 212 paise to 68.12 against the dollar in afternoon trade at the Interbank Foreign Exchange market due to renewed dollar demand from importers and appreciation of the US currency overseas.
Forex dealers said besides dollar's gains against the yen and euro on improved economic data, increased demand from importers for the American currency also put pressure on the rupee.
The rupee fell by 30 paise to close at 66 against the US currency in the previous session.
Meanwhile, the BSE benchmark Sensex dropped by 537 points to 18,349 in afternoon trade today.
