Business

Rupee vs Dollar: The rupee depreciated 9.2 per cent against dollar last year After appreciating for three consecutive sessions, rupee weakened on Wednesday.
The rupee settled at 70.18 against dollar, down 75 paise - or 1.1 per cent - from previous close.
A gain in dollar overseas and a selloff in domestic equity markets, leading to a 1 per cent fall in benchmark indices, hurt rupee, say analysts.
The Sensex shed 363 points, or 1 per cent, to end at 35,891 on Wednesday as auto and metal stocks slumped amid concerns of a slowdown in manufacturing activity.
The Nifty50 fell 117 points to settle at 10,792.





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