The Indian rupee breached towards the 47-mark a US dollar on Monday, September 29 on account of heavy dollar demand from oil refiners and importers to meet month-end import commitments.
The partially convertible rupee stood at Rs 46.90/91 against the USD in the early hours of trading, weaker than Friday`s close of Rs 46.54/55. It had an intraday low of Rs 46.95.
Courtesy: myiris.com
