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Indian Rupee Falls To 6-day Low Against U.S. Dollar

The Indian rupee slipped against the U.S. dollar in afternoon deals on Monday, as regional shares dropped on weak global cues.

The benchmark S&P BSE Sensex dropped 343.53 points, or 0.70 percent, to 48,691, while the broader NSE Nifty index was down 120.95 points, or 0.84 percent, at 14,312.75.

The Indian rupee slipped to a 6-day low of 73.33 against the greenback from Friday’s closing value of 73.24. On the downside, 76.00 is likely seen as its next support level.

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