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Rupee slides 30p to 76.83 against USD amid oil price slump

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Press Trust of India Mumbai
Last Updated : Apr 21 2020 | 5:26 PM IST

The rupee on Tuesday slid by 30 paise to close at 76.83 against the US currency due to forex outflows and strengthening of the dollar in overseas markets.

Investors rushed to safe-haven bet US dollar due to market uncertainty after oil prices slumped into negative territory in US markets hit by weak demand after coronavirus-related lockdowns, traders said.

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First Published: Apr 21 2020 | 5:26 PM IST

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