RUPEE DOWNS BY 7 PAISE

Highlights:

• Rupee slumps by 7 paise and is at 71.18 against the US dollar.
• IMF has trimmed growth projections for 2020 to 3.3 percent and for 2021 it projected at 3.4 percent.
• USDINR pair is expected to be in the range of 70.90 and 71.30 today.

The rupee opened the trading on a negative note today. It slumped by 7 paise and was recorded at 71.18 against the US dollar. T....