'Currency in circulation slows down on spike in crude, RBI selling dollars'

Since the beginning of May 2018, currency in circulation has been in the range of Rs 19-19.6 trillion, says the report.

Rupee again breaches 72-mark, down 81 paise in early trade

Rupee is trading at 72.65 against the dollar in early trade at the forex market.

A higher opening in the equity market and positive macro data released also supported the rupee's recovery.

The rupee ended the session at a record low of 71.57, down 0.50 per cent from Monday’s close of 71.21 a dollar.

Edelweiss added that CAD and balance of payment deficit will continue to weigh on rupee.

A Seattle-based trader, Ms Ranade in her tweet said that PM’s obsession with strong rupee has harmed us.

India is a net importing nation.

Rupee is trading at 64.88 against the US dollar in early trade at the forex market.

Rupee is trading at 64.90 against US dollar at forex market on increased selling of greenback by exporters.

Rupee is trading at 64.96 against dollar at forex market on increased demand for US currency from importers.