Devaluation of Rupee

Rupee hits 2-week low at 67.02 vs USD on devaluation reports

The rupee on Thursday ended below the psychological 67-mark, falling 13 paise to hit over two-week low, on renewed demand for the US dollar amid reports that the Commerce Ministry might propose devaluation of the domestic currency to give a fillip to the exports sector.

Sep 15, 2016, 18:55 PM IST