News > Rupee crashes 40 paise to 75.73 against US dollar in early trade

Rupee crashes 40 paise to 75.73 against US dollar in early trade

The Siasat | 28/02/2022 08:15 PM | Click to read full article

The rupee tumbled 40 paise to 75.33 in early trade on Monday, tracking a surge in crude prices amid escalating tensions between Russia and Ukraine.

The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.78 per cent higher at 97.37. Global oil benchmark Brent crude futures surged 4.24 per cent to USD 102.08 per barrel.