Rupee breaches 67 mark

Q.  Rupee has breached the 67 mark by depreciating to which value against the dollar in early trade on 14th December 2015?
- Published on 15 Dec 15

a. 67.05
b. 67.06
c. 67.07
d. 67.08

ANSWER: 67.06
 
By depreciating 18 paise to INR 67.06 per dollar in early trade today, the rupee breached the 67 mark based on strong demand by American unit from importers and certain banks amid lower opening of the domestic equity market. Sustained capital outflows also weighed in on the domestic unit.

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