The rupee’s slide against the US dollar continued on Thursday, with the nearby cash tumbling to Rs187 per dollar in the interbank market toward the beginning of exchanging.
The dollar acquired Rs1.30 against the rupee, arriving at Rs187.22 in the interbank market in the wake of shutting at Rs185.92 on Wednesday. The dollar was exchanging at Rs187.50 on the open market.
As per cash seller Zafar Paracha, interest for the dollar has flooded, coming down on the rupee.
“There are additionally outer installments to be made,” he said, adding that the rupee might keep on being feeling the squeeze.
