THE RUPEE SLUMPS BY 28 PAISE

Highlights:

• The rupee slumps by 28 paise and settled at 75.86 against the US dollar.
• In the last few trading sessions, the value of the Indian currency remained consolidated in the range of 75 and 76.
• The industrial produced contracted over 11 percent in April as compared to 4.5 percent in March.

Today, the rupee entered the trading market on a negative note. The Indian....