RUPEE SLUMPS BY 3 PAISE AGAINST US DOLLAR

Highlights:

• The rupee slumps by 3 paise and settled at 75.58 against the US dollar.
• The Indian government is planning to borrow Rs. 2 lakh crore in the financial year to March 2021 to cushion the damage done by the outbreak of coronavirus pandemic.
• For today, the rupee is expected to be in the range of 75.20 and 76.20 according to Motilal Oswal Financial Services.

Today....