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Rupee Hits Historic Low Of 70.96 Against US Dollar, Falls 22 Paise

Earlier on Thursday, rupee had plunged to a fresh record low of 70.81 to a US dollar during the morning trade session.

Rupee on Friday hit a historic low of 70.96, falling 22 paise in the morning trade.

Earlier on Thursday, rupee had plunged to a fresh record low of 70.81 to a US dollar during the morning trade session.

According to analysts, continuous outflow of foreign funds, along with caution ahead of key macro-economic data, coupled with volatile global crude oil prices had pulled the Indian rupee to a fresh low.

(With PTI inputs. More details are awaited)

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