Rupee plunges 48 paise to close at 88.70 against U.S. dollar
At the interbank foreign exchange market, the rupee opened at 88.37, and later fell to an intra-day low of 88.74. The local unit finally settled at 88.70 (provisional) against the greenback, registering a loss of 48 paise from its previous close. | Photo Credit: Reuters The rupee depreciated 48 paise to close at 88.70 (provisional)…
