Rupee plunges 61 paise to dip below 83-mark for first time against dollar

The rupee plunged 61 paise to decline below the 83-mark for the first time against the US dollar on Wednesday amid unabated foreign capital outflows and a strong dollar in the overseas markets. Besides, rising crude prices in the international markets and risk-averse sentiment among investors weighed on the local currency, traders said. https://ift.tt/FLG2VQB