Market News
Rupee touches all-time low on equity outflows, US elections in focus - REUTERS
MUMBAI, Nov 4 (Reuters) - The Indian rupee touched its weakest level on record on Monday, as persistent outflows from local stocks blunted the impact of a weaker dollar that helped lift the currency's regional peers ahead of the U.S. presidential election.
The rupee closed at 84.1150 against the U.S. dollar after touching its all-time low of 84.1225 earlier in the session.
Benchmark Indian equity indexes, the BSE Sensex (.BSESN) and Nifty 50 (.NSEI), fell more than 1% each on the day, their worst single-day performance in a month.
