Rupee slips to a new low; touches 71.79 against dollar
Mumbai, Sep 5 : The rupee plunged to a fresh record low of 71.79 to a dollar during the morning trade session on Wednesday. Around 11.40 a.m. the rupee traded at 71.76 to a dollar before it touched 71.79 -- the lowest ever mark -- against the greenback.
The rupee had earlier touched 71.75 to a dollar around 10.40 a.m. on Wednesday.
The Indian rupee opened the day's trade at the Inter-Bank Foreign Exchange Market at 71.44-45 to a dollar from its previous close of 71.58 to a greenback.
According to Anindya Banerjee, Deputy Vice President for Currency and Interest Rates with Kotak Securities, the weakness in the country's equity and bond markets led to the rupee's fall.
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Hindus have consolidated, BJP will cross 135 seats in WB: Suvendu Adhikari after early trends
Kolkata: Suvendu Adhikari on Monday said he was confident that the Bharatiya Janata Party would form the government in West Bengal as early counting trends began to emerge.
Speaking after initial trends in the ongoing vote counting, Adhikari said the party was expecting to win more than 135 seats in the state.
He also claimed that Hindu votes had consolidated in favour of the BJP, which, according to him, would translate into victory for the party.
Counting of votes is currently underway, and official results are awaited.
