Thursday, August 22, 2013

Nepali currency to plunge further to Rs 104

After reaching a new life time low, the Nepali currency is all set to plunge further to Rs 104 as the dollar rate has reached to 65 Indian rupees in Indian market today.

As per the transactions carried out in the India’s Interbank Exchange Market, Indian currency slumped further in today’s morning trade. Compared to yesterday rate, the dollar has raised by 89 paisa in India. The incline in the rate has been underpinned by the high demand from the Banks and the Importers.
src Sharesansar