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Rupee tumbles to over 2-year low at 65.31 against US Dollar

Last Updated: Monday, August 17, 2015, 18:41

The rupee plummeted by 31 paise to end at over two-year low of 65.31 against the US dollar Monday on the back of consistent demand for greenback from importers and state-run banks.

Response to deal with yuan devaluation impact soon: FinMin

Last Updated: Sunday, August 16, 2015, 13:37

Mehrishi pushed for RBI cutting interest rate to encourage manufacturing and boost exports, arguing risks are not much as inflation is low.