Rupee slumps to record low against US dollar but later recovers1 min read 13 Mar 2020, 09:17 AM IST
Rupee breached October 2018 lows of 74.48 against the US dollar
Trading had to be temporarily halted on NSE after Nifty slumped 10% in early trade
The Indian rupee today hit a record low of 74.50 against the US dollar, breaching previous low of 74.48, hit in October 2018. But later pared all the losses and settled higher at 73.91 as compared to 74.21 in the previous session, mirroring a similar recovery in domestic equity markets. During the day, the traded in the range of 73.90 to 74.50 against the US dollar.