{"id":39152,"date":"2018-08-14T12:05:33","date_gmt":"2018-08-14T12:05:33","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=39152"},"modified":"2018-08-14T12:05:33","modified_gmt":"2018-08-14T12:05:33","slug":"rupee-crashes-to-all-time-low-of-69-91-on-turkish-lira-shock","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/rupee-crashes-to-all-time-low-of-69-91-on-turkish-lira-shock\/","title":{"rendered":"Rupee crashes to all-time low of 69.91 on Turkish Lira shock"},"content":{"rendered":"<p>Mumbai<br \/>\nThe rupee on Monday crashed by Rs 1.08 or 1.57 per cent to end at historic low of 69.91 against the US currency amid a global rout in currencies following fears that Turkish economic crisis could engulf world economy.<\/p>\n<p>The US dollar strengthened against the world currencies after the Turkish Lira dived almost 8 per cent, sparking a sell-off in global markets.<\/p>\n<p>&#8220;The rupee was mainly impacted by fall in Turkish Lira,\u201d said a treasurer of a state-owned bank.<\/p>\n<p>Lack of FII inflows and growing oil prices are also affecting the rupee, he added.<\/p>\n<p>Foreign investors sold shares worth Rs 971.8 crore on net basis, provisional exchange data showed.<\/p>\n<p>\u201cRBI will not be comfortable at these levels. It was seen defending rupee at all levels,\u201d said a senior treasury official of a public sector bank, while predicting that the rupee may fall to 70 levels against the dollar soon.<\/p>\n<p>The rupee had opened strong by 41 paise at 68.42 against the US dollar in early trade on Monday, helped by revived sentiments following optimistic macroeconomic outlook.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Mumbai The rupee on Monday crashed by Rs 1.08 or 1.57 per cent to end at historic low of 69.91 against the US currency amid a global rout in currencies following fears that Turkish economic crisis could engulf world economy. The US dollar strengthened against the world currencies after the Turkish Lira dived almost 8 [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":39153,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-39152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/39152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=39152"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/39152\/revisions"}],"predecessor-version":[{"id":39154,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/39152\/revisions\/39154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/39153"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=39152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=39152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=39152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}