Rupee breaches 73 to the dollar mark

After opening at 72.47 per dollar as compared to yesterday's close of 72.73, the rupee was trading at 73.14 a dollar, down 47 paisa from its previous close, an hour and a half before closing of the trading.

March 03, 2020 04:40 pm | Updated 04:40 pm IST - Mumbai

Representational image. File

Representational image. File

The rupee came under pressure for the third consecutive trading session and went below the 73 a dollar mark due to fear of COVID-19 spreading.

After opening at 72.47 per dollar as compared to yesterday's close of 72.73, the rupee was trading at 73.14 a dollar, down 47 paisa from its previous close, an hour and a half before closing of the trading.

The rupee came under pressure despite RBI coming out with a statement saying the central bank is monitoring the situation and stands ready to take appropriate action.

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