INSUBCONTINENT EXCLUSIVE:
On Thursday, the rupee had gained 3 paise to end at 67.62 against the US currency.
The Indian rupee
on Friday ended lower at 68.01 against the US dollar
However, the pound sterling finished lower at Rs 90.30/32 at the close of the Interbank Foreign Exchange (forex) market today
In early trade today, the Indian rupee plunged by 36 paise to hit a three-week low of 67.98 against the US dollar following strong demand
for the greenback amid sustained foreign capital outflows
Losses for the rupee came a day after the dollar strengthened against a group of currencies, after the European Central Bank signalled
interest rate hikes were a long way off