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Petrol Price & Rupee Value: One Goes Up & the Other Tumbles Down

The Indian rupee plunged to a fresh record low of 70.81 to a US dollar while diesel prices are at a record high.

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The Indian rupee plunged to a fresh record low of 70.81 to a US dollar during the morning trade session on Thursday, 30 August.

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The Sensitive Index (Sensex) of the BSE, which had closed at 38,722.93 points on 29 August, opened higher at 38.796.98 points on Thursday, 30 August.

At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 11,691.90 points on 29 August, was quoting at 11,693.15 points, up marginally by 1.25 points or 0.01 percent.

Fuel prices continued to rise on Thursday, with diesel prices rising to fresh record levels across metros and petrol crossing the Rs 78-per-litre mark in the national capital.

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