Govt attributes rupee’s fall to all-time low against dollar to external factors

Government today attributed the rupee’s fall to an all-time low against the US dollar to external factors.

Economic Affairs Secretary Subhash Chander Garg said in New Delhi that the rupee is depreciating due to external factors and there is nothing at this stage to worry.

He said the external factors may ease going forward.

The rupee hit an all-time low of 70.1 to a US dollar earlier today.

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