Rupee Hits 5-Month Low Against US Dollar: 5 Things To Know

INSUBCONTINENT EXCLUSIVE:
The rupee fell to as low as 65.46 against the US dollar, a level last seen on November 14, 2017 The
rupee (INR) today fell as much as 26 paise against the US dollar (USD) to a five-month low of 65.46
The rupee traded between 65.32 and 65.46 against the dollar in today's session so far
At 12:23 pm, the rupee was trading at 65.45 against the dollar
In the previous session, the rupee had closed six paise higher at 65.20 against the US dollar
Indian rupee opened lower against US dollar due to widening trade deficit and news that US has added India to the currency watch list, forex
advisory firm IFA Global said in a note
Weak domestic equity markets also hurt the rupee